Invention Grant
- Patent Title: System and method for creating financial assets
- Patent Title (中): 创建金融资产的制度和方法
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Application No.: US10747740Application Date: 2003-12-29
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Publication No.: US07856397B2Publication Date: 2010-12-21
- Inventor: F. Scott Whipple , Timothy M. McLuckie
- Applicant: F. Scott Whipple , Timothy M. McLuckie
- Applicant Address: US DC Washington
- Assignee: Fannie Mae
- Current Assignee: Fannie Mae
- Current Assignee Address: US DC Washington
- Agency: Foley & Lardner LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A method, the method comprising decomposing each of a plurality of home mortgage loans into a plurality of sub-loan level cash flows, repackaging the plurality of sub-loan level cash flows to form a plurality of financial assets backed by the plurality of sub-loan level cash flows, making a determination of accounting rules that apply to the plurality of financial assets, and storing and tracking accounting data for the plurality of financial assets based at least in part on the accounting rules.
Public/Granted literature
- US20040153384A1 System and method for creating financial assets Public/Granted day:2004-08-05
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