Patents by Inventor Allan S. Voltz
Allan S. Voltz 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).
-
Patent number: 8577792Abstract: A method for process monitoring is disclosed. A borrower is offered a proceeding in which a secured party has executed on collateral due to nonpayment prevention and protection plan associated with a secured loan. A periodic payment is received from the borrower in response to the borrower accepting the proceeding in which a secured party has executed on collateral due to nonpayment prevention and protection plan. The proceeding in which a secured party has executed on collateral due to nonpayment prevention and protection plan allows for at least a portion of a loan payment for the secured loan to be covered by a proceeding in which a secured party has executed on collateral due to nonpayment prevention and protection (PP) entity on behalf of the borrower in response to a covered event occurring.Type: GrantFiled: July 7, 2010Date of Patent: November 5, 2013Assignee: Bank of America CorporationInventors: Allan S. Voltz, III, Eric H. Choltus, Jason S. Cashwell, Robert M. Mauldin, III, Robert H. Eshleman
-
Publication number: 20130085783Abstract: A method for determining unemployment insurance payment dollars and/or the unemployment rate at some point in the future includes receiving various data and performing a calculation based on such received data. In one embodiment, the unemployment insurance payment dollars can be determined in two quarters in the future by receiving data of percent change in personal consumption expenditures, receiving data of change in non-residential investment, and receiving data of median rent, and then, calculating such future total unemployment insurance payment dollars based on the percent change in personal consumption expenditures data, the change in non-residential investment data, and the median rent data.Type: ApplicationFiled: September 14, 2012Publication date: April 4, 2013Applicant: BANK OF AMERICA CORPORATIONInventors: Mathew F. Menz, Allan S. Voltz
-
Patent number: 8380620Abstract: A method includes enrolling a borrower in income curtailment protection associated with a loan, where the loan requires periodic payments. If income curtailment has occurred, a determination is made as to what portion of the periodic payment is to be covered on behalf of the borrower. The determined portion of the periodic payment is covered by an entity other than the borrower on behalf of the borrower.Type: GrantFiled: July 7, 2010Date of Patent: February 19, 2013Assignee: Bank of America CorporationInventors: Allan S. Voltz, III, Eric H. Choltus, Jason S. Cashwell, Robert M. Mauldin, III, Robert H. Eshleman
-
Publication number: 20120265558Abstract: A method for determining unemployment insurance payment dollars and/or the unemployment rate at some point in the future includes receiving various data and performing a calculation based on such received data. In one embodiment, the unemployment insurance payment dollars can be determined in two quarters in the future by receiving data of percent change in personal consumption expenditures, receiving data of change in non-residential investment, and receiving data of median rent, and then, calculating such future total unemployment insurance payment dollars based on the percent change in personal consumption expenditures data, the change in non-residential investment data, and the median rent data.Type: ApplicationFiled: April 15, 2011Publication date: October 18, 2012Applicant: BANK OF AMERICA CORPORATIONInventors: MATHEW F. MENZ, ALLAN S. VOLTZ
-
Publication number: 20120046973Abstract: Embodiments of the invention include systems, methods, and computer-program products that provide for a unique unemployment insurance marketing system. In one embodiment of the invention, the unemployment insurance marketing system determines selection criteria for the unemployment insurance product. The system then receives data associated with a user, the data received from a financial institution. The system compares the selection criteria with the user data to determine whether the user qualifies to receive an offer. If the user qualifies to receive an offer, the system offers the unemployment insurance to the user. In another embodiment of the invention, the offer is customized to the user's expenses. For example, the offer may be customized based on user's expenses in an online bill payment system.Type: ApplicationFiled: August 23, 2010Publication date: February 23, 2012Applicant: BANK OF AMERICA CORPORATIONInventors: Robert H. Eshleman, Robert M. Mauldin, III, Allan S. Voltz, III, Jeffrey H. Bierer
-
Publication number: 20120046974Abstract: Embodiments of the invention include systems, methods, and computer-program products that provide for a unique unemployment insurance underwriting system. In one embodiment of the invention, the unemployment insurance underwriting system receives a request to enroll in the unemployment insurance from a user. The system then receives data associated with the user from a financial institution. The system then determines the benefits to be paid to the user based, in some cases, on the data received from the financial institution. The system then determines whether the user qualifies to enroll in the unemployment insurance based on the benefits and the user data. In an embodiment of the invention, the unemployment insurance provides benefits for monthly expenses to users that have become involuntarily unemployed.Type: ApplicationFiled: August 23, 2010Publication date: February 23, 2012Applicant: BANK OF AMERICA CORPORATIONInventors: Robert H. Eshleman, Robert M. Mauldin, III, Allan S. Voltz, III, Jeffrey H. Bierer
-
Publication number: 20120030082Abstract: A method for predictive modeling is disclosed. Economic data associated with at least one economic trend is received. Claim and cancellation data associated with a financial product of a financial institution is generated, where the claim and cancellation data is based on past data. The economic data is used with the claim and cancellation data to forecast model future claim and cancellation data of a plurality of loans.Type: ApplicationFiled: July 30, 2010Publication date: February 2, 2012Applicant: BANK OF AMERICA CORPORATIONInventors: Allan S. Voltz, Mark R. Hoffmann
-
Publication number: 20100293083Abstract: A method includes enrolling a borrower in income curtailment protection associated with a loan, where the loan requires periodic payments in order for the borrower to avoid defaulting on the loan. If income curtailment has occurred, a determination is made as to what portion of the periodic payment is to be covered on behalf of the borrower. The determined portion of the periodic payment is covered by an entity other than the borrower on behalf of the borrower.Type: ApplicationFiled: July 7, 2010Publication date: November 18, 2010Applicant: BANK OF AMERICA CORPORATIONInventors: Allan S. Voltz, III, Eric H. Choltus, Jason S. Cashwell, Robert M. Mauldin, III, Robert H. Eshleman
-
Publication number: 20100293092Abstract: A method for process monitoring is disclosed. A borrower is offered a foreclosure prevention and protection plan associated with a secured loan. A periodic payment is received from the borrower in response to the borrower accepting the foreclosure prevention and protection plan. The foreclosure prevention and protection plan allows for at least a portion of a loan payment for the secured loan to be covered by a foreclosure prevention and protection (FPP) entity on behalf of the borrower in response to a covered event occurring. The foreclosure prevention and protection plan additionally may allow for paying/cancelling the debt's investor in response to loss of the property by the borrower.Type: ApplicationFiled: July 7, 2010Publication date: November 18, 2010Applicant: BANK OF AMERICA CORPORATIONInventors: Allan S. Voltz, III, Eric H. Choltus, Jason S. Cashwell, Robert M. Mauldin, III, Robert H. Eshleman