System and method for managing data pertaining to a plurality of financial assets for multifamily and housing developments

• US 7,822,680 B1
• Filed: 12/30/2004
• Issued: 10/26/2010
• Est. Priority Date: 12/31/2003
• Status: Active Grant

• Current Assignee: Fannie Mae
• Original Assignee: Fannie Mae
• Inventors: Hunt, Brian K., Neill, Edwin B., Weber, Phillip J.
• Primary Examiner(s): Nguyen; Nga B.
• Application Number:
  US11/026,102
• Time in Patent Office: 2,126 Days
• Field of Search: 705/35, 705/36, 705/37, 705/38
• US Class Current: 705/38
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A data processing system for managing information related to a plurality of financial assets associated with housing and mortgage investments of an investor includes user interface logic configured to receive data regarding the plurality of financial assets including data regarding a plurality of properties associated with the plurality of financial assets. The user interface logic is further configured to provide access to the data regarding the plurality of financial assets. Data management logic is coupled to the user interface logic and is configured to retrieve and process the data regarding the plurality of financial assets. A database is coupled to the data management logic and the user interface logic and is configured to store the data regarding the plurality of financial assets and to link data for a particular property of the plurality of properties across the plurality of financial assets. The data regarding each property in the plurality of properties including any associated financial assets is maintained across multiple transactions and for different counterparties.

Claims

1. A computer-implemented data processing system for managing information related to a plurality of financial assets associated with housing and mortgage investments of an investor, the data processing system comprising:

a processing unit;

machine-readable storage media storing machine-executable instructions for execution by the processing unit comprising;

user interface logic to receive data regarding the plurality of financial assets including data regarding a plurality of properties associated with the plurality of financial assets and to provide access to the data regarding the plurality of financial assets, the plurality of financial assets including debt assets comprising an investment based on a loan associated with at least one of the plurality of properties, equity assets comprising equity associated with the at least one of the plurality of properties purchased as an investment, and bond assets comprising a revenue bond associated with the at least one of the plurality of properties purchased as an investment,

wherein the user interface logic provides a debt asset user interface to access and view details regarding the debt assets, an equity asset user interface to access and view details regarding the equity assets, and a bond asset user interface to access and view details regarding the bond assets;

trend and analysis logic coupled to the user interface logic to process data regarding the plurality of financial assets and provide risk management results, wherein the risk management results include risks associated with a particular property across the plurality of financial assets;

a database coupled to the trend and analysis logic and the user interface logic to store the data regarding the plurality of financial assets and risk management results;

wherein the database links data for the particular property of the plurality of properties across the plurality of financial assets; and

portfolio analysis logic coupled to the user interface logic to facilitate profitability analysis for a group of at least one of the debt assets, the equity assets, and the bond assets, perform analyses utilized in complying with risk based capital requirements, assessing credit metrics for at least one of the debt assets, the equity assets, and the bond assets, assess at least one of a counterparties'"'"' financial position and areas where the group of the at least one of the debt assets, the equity assets, and the bond assets is sensitive to at least one financial condition, and assist in portfolio repositioning, wherein the portfolio comprises the at least one of the debt assets, the equity assets, and the bond assets.

2. A computer-implemented data processing system according to claim 1, wherein the risk management results include risks associated with a particular type of property.

3. A computer-implemented data processing system according to claim 1, wherein the risk management results include risks associated with a specific borrower across the plurality of financial assets, the plurality of financial assets including debt assets comprising an investment based on a loan associated with at least one property of the plurality of properties, equity assets comprising equity associated with the at least one property of the plurality of properties purchased as an investment, and bond assets comprising a revenue bond associated with the at least one property of the plurality of properties purchased as an investment.

4. A computer-implemented data processing system according to claim 1, wherein the risk management results include risks associated with a particular counterparty across the plurality of financial assets, the plurality of financial assets including debt assets comprising an investment based on a loan associated with at least one property of the plurality of properties, equity assets comprising equity associated with the at least one property of the plurality of properties purchased as an investment, and bond assets comprising a revenue bond associated with the at least one property of the plurality of properties purchased as an investment.

5. A computer-implemented data processing system according to claim 1, wherein the trend and analysis logic is further configured to generates a report based on the risk management results.

19. A computer-implemented data processing system according to claim 1,

wherein, for the particular property, the plurality of financial assets include a debt asset, an equity asset, and a bond asset;

wherein the data regarding the plurality of financial assets includes data regarding a debt deal associated with the debt asset, an equity deal associated with the equity asset, and a bond deal associated with the bond asset; and

wherein the debt deal, the equity deal, and the bond deal occur at different times with different counterparties.

20. A computer-implemented data processing system according to claim 19, further comprising deal management logic coupled to the user interface logic to receive and process data regarding a deal between the investor and a counterparty regarding at least one of the plurality of financial assets including evaluating exposure of the investor based the data regarding the plurality of financial assets;

and wherein evaluating exposure of the investor includes evaluating past performance of the particular property over the life of the particular property based on the data regarding the debt deal associated with the debt asset, the equity deal associated with the equity asset, and the bond deal associated with the bond asset.

21. A computer-implemented data processing system according to claim 20, wherein evaluating exposure of the investor includes evaluating past performance of a counterparty.

22. A computer-implemented data processing system according to claim 20, wherein evaluating exposure of the investor includes evaluating past performance of financial assets in a particular geographic region.

6. A computer-implemented data processing system for managing information related to a plurality of financial assets associated with housing and mortgage investments of an investor, the data processing system comprising:

a processing unit;

machine-readable storage media storing machine-executable instructions for execution by the processing unit, comprising;

user interface logic to receive data regarding the plurality of financial assets including data regarding a plurality of properties associated with the plurality of financial assets and to provide access to the data regarding the plurality of financial assets, the plurality of financial assets including debt assets comprising an investment based on a loan associated with at least one of the plurality of properties, equity assets comprising equity associated with the at least one of the plurality of properties purchased as an investment, and bond assets comprising a revenue bond associated with the at least one of the plurality of properties purchased as an investment,

wherein the user interface logic provides a debt asset user interface to access and view details regarding the debt assets, an equity asset user interface to access and view details regarding the equity assets, and a bond asset user interface to access and view details regarding the bond assets;

cash flow management logic coupled to the user interface logic to perform cash flow accounting across the plurality of financial assets;

a database coupled to the cash flow management logic and the user interface logic to store the data regarding the plurality of financial assets;

wherein the database links data for a particular property of the plurality of properties across the plurality of financial assets; and

portfolio analysis logic coupled to the user interface logic to facilitate profitability analysis for a group of at least one of the debt assets, the equity assets, and the bond assets, perform analyses utilized in complying with risk based capital requirements, assessing credit metrics for at least one of the debt assets, the equity assets, and the bond assets, assess at least one of a counterparties'"'"' financial position and areas where the group of the at least one of the debt assets, the equity assets, and the bond assets is sensitive to at least one financial condition, and assist in portfolio repositioning, wherein the portfolio comprises the at least one of the debt assets, the equity assets, and the bond assets.

7. A computer-implemented data processing system for managing information related to a plurality of financial assets associated with housing and mortgage investments of an investor, the system comprising:

a processing unit;

machine-readable storage media storing machine-executable instructions for execution by the processing unit comprising;

user interface logic to receive data regarding the plurality of financial assets including data regarding a plurality of properties associated with the plurality of financial assets and to provide access to the data regarding the plurality of financial assets, the plurality of financial assets including debt assets comprising an investment based on a loan associated with at least one of the plurality of properties, equity assets comprising equity associated with the at least one of the plurality of properties purchased as an investment, and bond assets comprising a revenue bond associated with the at least one of the plurality of properties purchased as an investment,

wherein the user interface logic provides a debt asset user interface to access and view details regarding the debt assets, an equity asset user interface to access and view details regarding the equity assets, and a bond asset user interface to access and view details regarding the bond assets;

access and security logic coupled to the user interface logic to provide a registered user with access to a database management logic;

data management logic coupled to the user interface logic and the access and security logic to retrieve and process the data regarding the plurality of financial assets;

a database coupled to the data management logic, the user interface logic and the access and security logic to store the data regarding the plurality of financial assets and to link data for a particular property of the plurality of properties across the plurality of financial assets, the database further storing the received data;

deal management logic coupled to the user interface logic and the access and security logic to assist the registered user in assessing, creating and closing an investment transaction, the deal management logic including,

deal assessment logic to generate an assessment analysis based on at least one report from a trend and analysis logic,

deal creation logic to submit received deal creation data to deal storage logic,

the deal storage logic to transmit the received deal creation data to the database and to modify the received deal creation data into a preferred format prior to transmitting the received deal creation data to the database, the deal storage logic further transmitting a stored received deal creation data to a deal closing logic, and

deal closing logic to allow at least one registered user to complete the investment transaction;

trend and analysis logic coupled to the user interface logic and the access and security logic to generate the at least one report utilizing report logic and wherein the trend and analysis logic includes a risk management logic providing risk management results, wherein the risk management results include risks associated with the particular property across the plurality of financial assets;

portfolio analysis logic coupled to the user interface logic to facilitate profitability analysis for a group of at least one of the debt assets, the equity assets, and the bond assets, perform analyses utilized in complying with risk based capital requirements, assessing credit metrics for at least one of the debt assets, the equity assets, and the bond assets, assess at least one of a counterparties'"'"' financial position and areas where the group of the at least one of the debt assets, the equity assets, and the bond assets is sensitive to at least one financial condition, and assist in portfolio repositioning, wherein the portfolio comprises the at least one of the debt assets, the equity assets, and the bond assets; and

cash flow management logic coupled to the user interface logic and the access and security logic to perform a loan accounting, a payment of investors, a disclosure, a delinquency processing, a billing, a monitoring of payments received from borrowers and a cash flow accounting across multiple asset classes for the registered user,

wherein, for the particular property, the plurality of financial assets include a debt asset comprising an investment based on a loan associated with the particular property, an equity asset comprising equity associated with the particular property purchased as an investment, and a bond asset comprising a revenue bond associated with the particular property purchased as an investment;

wherein the data regarding the plurality of financial assets includes data regarding a debt deal associated with the debt asset, an equity deal associated with the equity asset, and a bond deal associated with the bond asset; and

wherein the debt deal, the equity deal, and the bond deal occur at different times with different counterparties.

8. A computer-implemented data processing system according to claim 7, wherein the debt assets include a mortgage backed security backed by a plurality of mortgage loans.

9. A computer-implemented data processing system according to claim 8, wherein each registered user has a registration with the data processing system and the registration includes an access level identifying the data the user may access.

10. A computer-implemented data processing system according to claim 7, wherein the user interface logic is configured to provides access to a plurality of registered users.

11. A computer-implemented data processing system according to claim 7, wherein the data regarding the plurality of financial assets includes data regarding deals associated with the plurality of financial assets.

12. A computer-implemented data processing system according to claim 7, wherein the data regarding the plurality of financial assets includes data regarding a plurality of counterparties associated with the plurality of financial assets.

13. A computer-implemented data processing system according to claim 12, wherein the plurality of counterparties includes lenders, brokers, servicers, borrowers and syndicators.

14. A computer-implemented data processing system according to claim 7, wherein the plurality of properties includes multifamily properties.

15. A computer-implemented data processing system according to claim 7, wherein the data regarding the plurality of financial assets includes data regarding a plurality of mortgage loans associated with the plurality of financial assets.

16. A computer-implemented data processing system according to claim 7, wherein the deal management logic receives and processes data regarding the investment transaction between the investor and a counterparty regarding at least one of the plurality of financial assets.

17. A computer-implemented data processing system according to claim 7, wherein the cash flow management logic generates at least one regulatory disclosure report.

18. A computer-implemented data processing system according to claim 7, wherein the user interface logic include a network-enabled user interface permitting the registered user to access the data processing system by way of an Intranet.

23. A computer-implemented data processing system according to claim 7, wherein the deal management logic evaluates exposure of the investor based upon the data regarding the plurality of financial assets;

and wherein evaluating exposure of the investor includes evaluating past performance of the particular property over the life of the particular property based on the data regarding the debt deal associated with the debt asset, the equity deal associated with the equity asset, and the bond deal associated with the bond asset.

24. A computer-implemented data processing system according to claim 23, wherein evaluating exposure of the investor includes evaluating past performance of a counterparty.

25. A computer-implemented data processing system according to claim 23, wherein evaluating exposure of the investor includes evaluating past performance of financial assets in a particular geographic region.