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:
Jan. 21, 2014
Filed:
Jun. 25, 2012
Paul C. Konigsberg, Mclean, VA (US);
Paul C. Konigsberg, Mclean, VA (US);
Freddie MAC, McLean, VA (US);
Abstract
A method, system, and computer program product for calculating a reduced fee associated with combining previously securitized mortgage-backed securities to form a new and larger security called a Mega. The method includes identifying a group of Megas that correspond to at least one predetermined fee discount parameter. The group of Megas are members of a set of Megas and the set of Megas contain a number of Megas equal to or larger than a number of Megas in the group of Megas. The method includes calculating a fee for said group of Megas and repeating the steps of identifying a group and calculating a fee until a plurality of groups of Megas have been identified and corresponding Mega group fees have been calculated. The method also includes choosing from said plurality of groups of Megas a final set of Mega groups having a reduced total fee.