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Financial Systems and Methods for Increasing Capital Availability by Decreasing Lending Risk

  • US 20150026034A1
  • Filed: 01/14/2014
  • Published: 01/22/2015
  • Est. Priority Date: 07/18/2013
  • Status: Abandoned Application
First Claim
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1. A method for reducing risk across a portfolio of loans issued by a lender to a plurality of borrowers, the method comprising:

  • performing a risk assessment of the lender that is independent of individual borrower default risk and that is further independent of individual loan default risk;

    providing an insurance policy uniformly guaranteeing the portfolio of loans by guaranteeing at least some portion of each loan in the portfolio of loans based on the risk assessment of the lender, wherein said insurance policy applies to each loan in the portfolio of loans independent of different risks associated with each borrower of the plurality of borrowers and different risks associated with each loan in the portfolio of loans;

    deriving a premium computation to apply across the portfolio of loans based on said risk assessment of the lender, wherein the premium computation provides a uniform premium amount that is chargeable for each borrowed dollar of a loan;

    charging a premium to each loan in the portfolio of loans based on the premium computation and an amount of the loan, wherein the premium charged to each loan is determined independent of risk individually associated with a borrower of the loan and risk individually associated with the loan;

    monitoring performance of a particular borrower in relation to a particular loan from the portfolio of loans issued to the particular borrower, wherein said monitoring comprises periodically contacting the particular borrower at different stages throughout pendency of the particular loan and obtaining information relating to creditworthiness of the particular borrower from the particular borrower at each of the different stages; and

    offsetting an amount from the premium charged to the particular borrower for guaranteeing some portion of the particular loan by reselling the information relating to creditworthiness of the particular borrower to any of a lender and credit reporting agency.

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