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:
Nov. 22, 2011
Filed:
Nov. 24, 2008
John L. Kemper, Vienna, VA (US);
John A. Simonds, Jr., Durham, NC (US);
Mark D. Mathewson, Silver Spring, MD (US);
Navdeep Singh, Leesburg, VA (US);
John L. Kemper, Vienna, VA (US);
John A. Simonds, Jr., Durham, NC (US);
Mark D. Mathewson, Silver Spring, MD (US);
Navdeep Singh, Leesburg, VA (US);
Fannie Mae, Washington, DC (US);
Abstract
A system for creating an agreement and tracking compliance with terms of an agreement between a seller and a purchaser for the sale of loans includes deal management logic and a rules processor. The deal management logic is configured to store and track the terms of the agreement using a set of business rules. The rules processor comprises the set of business rules and is configured to facilitate adding or editing at least one business rule based on at least one term of the agreement. In addition, the rules processor is configured to access the business rules to assess compliance with the terms of the agreement during delivery of the loans. The system may also include pricing logic that is configured to create a set of price data based on the at least one term of the agreement.