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:
Sep. 18, 2007
Harold Lewis, Jr., Duluth, GA (US);
Tracey G. Amos, Silver Springs, MD (US);
Eric Ronald Anders, Smyrna, GA (US);
Nitirwork Armstrong, Silver Springs, MD (US);
Sidney Vince Credle, Jr., McKinney, TX (US);
Terri Lynn Davis, Greenwood Village, MD (US);
Thomas L. King, Gurnee, IL (US);
Gregory Joseph Phillips, Landenberg, PA (US);
Robert John Sahadi, Clarksburg, MD (US);
Harold Lewis, Jr., Duluth, GA (US);
Tracey G. Amos, Silver Springs, MD (US);
Eric Ronald Anders, Smyrna, GA (US);
Nitirwork Armstrong, Silver Springs, MD (US);
Sidney Vince Credle, Jr., McKinney, TX (US);
Terri Lynn Davis, Greenwood Village, MD (US);
Thomas L. King, Gurnee, IL (US);
Gregory Joseph Phillips, Landenberg, PA (US);
Robert John Sahadi, Clarksburg, MD (US);
Fannie Mae, Washington, DC (US);
Abstract
A computer-implemented method for processing an application for a mortgage loan, such that the mortgage loan is configured to include a set of financial lending requirements and further include certain financial lending risks associated with financing the mortgage loan. The steps of the method include receiving the mortgage loan application, processing the mortgage loan application through an electronic database, applying the set of financial lending requirements to the mortgage loan application, generating a listing of at least one eligible lender or loan product based on the application of the financial lending requirements to the mortgage loan application, and submitting the mortgage loan application to the eligible lender, the mortgage loan being configured such that the financial lending risks are configured to be absorbed by a secondary mortgage market investor.