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Method for mortgage and closed end loan portfolio management

  • US 20010029477A1
  • Filed: 05/21/2001
  • Published: 10/11/2001
  • Est. Priority Date: 07/11/1997
  • Status: Active Grant
First Claim
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1. A process for predicting the performance of a loan portfolio, wherein each loan portfolio comprises a plurality of loan units, each of the loan units having a borrower, the process comprising:

  • separating the loan units of the loan portfolio into a plurality of loan groups such that a date of origination of each of the loan units included in a loan group are all within a first time interval;

    assigning a group date of origination to each of the loan groups;

    selecting an analysis time interval;

    selecting a plurality of analysis points in time within the analysis time interval;

    determining historical bad performance by identifying the loan units in each loan group that have experienced bad performance at each analysis point in time, a bad performance is determined if payments are in arrears at the particular analysis point in time;

    determining an age of each of the loan groups at each of the analysis points in time, the age being measured from the group date of origination of the loan group to the analysis point in time;

    obtaining a credit score for each of the borrowers of the loan units; and

    determining a projected bad rate for each loan unit by combining the historical bad performance for each loan unit and the credit score of the borrower of the at least one loan unit.

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