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Method for mortgage and closed end loan portfolio management

  • US 6,249,775 B1
  • Filed: 07/11/1997
  • Issued: 06/19/2001
  • Est. Priority Date: 07/11/1997
  • Status: Expired due to Term
First Claim
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1. A process for analyzing a loan portfolio using a computer program, wherein the loan portfolio comprises a plurality of loan units, the process including the steps of:

  • separating the loan portfolio into a plurality of loan groups in a manner 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 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;

    counting a bad rate of the loan units in each loan group at each analysis point in time, the bad rates being determined by counting the loan units in each loan group on which payments are in arrears, at the particular analysis point in time, for a time period greater than a second time interval;

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

    averaging the counted bad rates for each of the loan groups that are the same age; and

    providing a comparison of the averaged bad rates for a plurality of different ages on a visually perceivable output medium, to allow comparing the bad rates of the different loan groups.

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