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:
Aug. 20, 2013
Filed:
Sep. 22, 2006
John E. Gang, Frederick, MD (US);
William R. Nolan, Iii, Olney, MD (US);
John L. Kemper, Vienna, VA (US);
David N. Voth, Oakton, VA (US);
Peter G. Kopperman, Bethesda, MD (US);
John E. Gang, Frederick, MD (US);
William R. Nolan, III, Olney, MD (US);
John L. Kemper, Vienna, VA (US);
David N. Voth, Oakton, VA (US);
Peter G. Kopperman, Bethesda, MD (US);
Fannie Mae, Washington, DC (US);
Abstract
A method for facilitating sale of a loan by a seller to a purchaser where the seller and the purchaser have an agreement regarding the sale of loans including terms and the loan has a set of loan data. The method includes determining a price for the loan prior to selling the loan to the purchaser. The price is based on at least the set of loan data and the terms for the agreement. The method also includes applying a set of business rules to the set of loan data prior to selling the loan to the purchaser to identify compliance with terms of the agreement and/or errors in the loan data.