The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 25, 2011
Filed:
Dec. 15, 2003
David N. Voth, Oakton, VA (US);
Richard N. Plotnick, Fairfax, VA (US);
Peter G. Kopperman, Bethesda, MD (US);
Caroline R. Herron, Washington, DC (US);
John A. Derwin, Washington, DC (US);
Sheilah A. Goodman, Kearneysville, WV (US);
Michelle Y. Watson, Arlington, VA (US);
Laura L. Mcdonald, Arlington, VA (US);
Elizabeth H. Schamber, Heathsville, VA (US);
Richard J. Mcghee, Reston, VA (US);
David N. Voth, Oakton, VA (US);
Richard N. Plotnick, Fairfax, VA (US);
Peter G. Kopperman, Bethesda, MD (US);
Caroline R. Herron, Washington, DC (US);
John A. Derwin, Washington, DC (US);
Sheilah A. Goodman, Kearneysville, WV (US);
Michelle Y. Watson, Arlington, VA (US);
Laura L. McDonald, Arlington, VA (US);
Elizabeth H. Schamber, Heathsville, VA (US);
Richard J. McGhee, Reston, VA (US);
Fannie Mae, Washington, DC (US);
Abstract
A computerized mortgage loan data processing system comprises a loan cost analysis engine which compares data pertaining to loan pricing for a mortgage loan with loan pricing standards to evaluate whether the loan pricing is in compliance with the loan pricing standards. An interface is configured to provide an indication regarding whether the loan pricing is in compliance with the loan pricing standards prior to closing of the loan or prior to sale of the mortgage loan in the secondary mortgage market. The indication may be provided to a mortgage loan advisor or to a secondary mortgage market purchaser.