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. 27, 2013
Filed:
Jun. 23, 2006
Mark David Hanson, Potomac, MD (US);
Marian J. Gora, Boca Raton, FL (US);
Menner Abdullatief Tatang, Great Falls, VA (US);
Kalpana Rumburg, Great Falls, VA (US);
Xiaolan Pang, Thousand Oaks, CA (US);
Philip Martin Dunn, Vienna, VA (US);
Mark David Hanson, Potomac, MD (US);
Marian J. Gora, Boca Raton, FL (US);
Menner Abdullatief Tatang, Great Falls, VA (US);
Kalpana Rumburg, Great Falls, VA (US);
Xiaolan Pang, Thousand Oaks, CA (US);
Philip Martin Dunn, Vienna, VA (US);
Federal Home Loan Mortgage Corporation, McLean, VA (US);
Abstract
Systems, methods, and computer program products are provided for directing cash flows associated with a mortgage-backed security to back other securities without collapsing the original mortgage-backed security. A mortgage-backed security/an/or a set of loans is analyzed to identify cash flows from mortgages having specific desirable characteristics, and the cash flows are directed to subgroups or pools that support new mortgage-backed securities. The new securities make the desirable cash flows available to an issuer or prospective investor without collapsing the original mortgage-backed security.