Patents by Inventor William P. Nixon, JR.

William P. Nixon, JR. 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).

  • System and method for processing data pertaining to financial assets
    Patent number: 9928546
    Abstract: A method of processing data in connection with a security is provided. The security is collateralized by a plurality of home mortgage loans or by portions of the plurality of home mortgage loans. The method comprises generating payment projections regarding principal and interest payment projections for the plurality of home mortgage loans; determining that the payment projections have errors; and modifying loan characteristic data to eliminate errors in the loan characteristic data that cause errors in the payment projections. According to another embodiment, a method comprises receiving payment data regarding the plurality of loans a plurality of times separated by a plurality of days during the reporting cycle. Each time the payment data is received, the payment data is processed and the opportunity to make corrections is provided.
    Type: Grant
    Filed: September 12, 2012
    Date of Patent: March 27, 2018
    Assignee: Fannie Mae
    Inventors: Dror Oppenheimer, Maryann Bastnagel, William P. Nixon, Jr.
  • System and method for processing data pertaining to financial assets
    Patent number: 8423450
    Abstract: A method of processing data in connection with a security is provided. The security is collateralized by a plurality of home mortgage loans or by portions of the plurality of home mortgage loans. The method comprises generating payment projections regarding principal and interest payment projections for the plurality of home mortgage loans; determining that the payment projections have errors; and modifying loan characteristic data to eliminate errors in the loan characteristic data that cause errors in the payment projections. According to another embodiment, a method comprises receiving payment data regarding the plurality of loans a plurality of times separated by a plurality of days during the reporting cycle. Each time the payment data is received, the payment data is processed and the opportunity to make corrections is provided.
    Type: Grant
    Filed: December 17, 2003
    Date of Patent: April 16, 2013
    Assignee: Fannie Mae
    Inventors: Dror Oppenheimer, Maryann Bastnagel, William P. Nixon, Jr.
  • SYSTEM AND METHOD FOR PROCESSING DATA PERTAINING TO FINANCIAL ASSETS
    Publication number: 20130066765
    Abstract: A method of processing data in connection with a security is provided. The security is collateralized by a plurality of home mortgage loans or by portions of the plurality of home mortgage loans. The method comprises generating payment projections regarding principal and interest payment projections for the plurality of home mortgage loans; determining that the payment projections have errors; and modifying loan characteristic data to eliminate errors in the loan characteristic data that cause errors in the payment projections. According to another embodiment, a method comprises receiving payment data regarding the plurality of loans a plurality of times separated by a plurality of days during the reporting cycle. Each time the payment data is received, the payment data is processed and the opportunity to make corrections is provided.
    Type: Application
    Filed: September 12, 2012
    Publication date: March 14, 2013
    Inventors: Dror Oppenheimer, Maryann Bastnagel, William P. Nixon, JR.