Patents by Inventor Alex Stricker

Alex Stricker has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Method and system for evaluating a loan
    Patent number: 7693782
    Abstract: A system for evaluating risk associated with a mortgage loan includes an automated underwriting engine configured to calculate a first risk indication and a second risk indication for the mortgage loan. The first risk indication is based on mortgage loan application data received for the mortgage loan, and further based on at least one of interest rate risk and collateral risk associated with the mortgage loan. The second risk indication represents a probability of an adverse event associated with the mortgage loan. The probability of the adverse event is determined based on the mortgage loan application data. The system also includes user interface logic configure to provide a user interface, and further configured to provide the first risk indication to a lender in the form of an underwriting recommendation for the mortgage loan, and to provide the second risk indication to the lender in a form which is useable by the lender to manage the risk associated with the mortgage loan.
    Type: Grant
    Filed: August 2, 2005
    Date of Patent: April 6, 2010
    Assignee: Fannie Mae
    Inventors: Alex Stricker, Eric L. Rosenblatt