Abstract: Systems, methods, and computer program products are provided for increasing the return from a pool of loans for a company involved in the guarantee and securitization of such loans. In one exemplary embodiment, a computer-implemented method comprises creating a plurality of sub-pools in which to place loans from the pool of loans; determining, using one or more processors, an external value assessment for one or more loans from the pool and an internal value assessment for the one or more loans; identifying a difference between the external and internal value assessments; and selecting a sub-pool from the plurality of sub-pools to place the one or more loans based upon the identified difference.

Abstract: Systems, methods, and computer program products are provided for creating and using a common, generic, data/object model to represent information grids or lookup tables, such as a mortgage asset pricing information grid. The common model allows a common software representation for logically different attributes.

Abstract: Systems and methods consistent with the present invention generate a model for providing one or more scores indicating a likelihood that a stated income is faulty. In one embodiment, the method includes, for example, receiving information representative of at least one borrower; receiving a first income value for the at least one borrower; and receiving a second value for the at least one borrower, such that the second income value verifies the first income value. Moreover, the method includes determining one or more parameters for the model based on the received information, the received first income value, and the received second income value, such that the one or more parameters enable the model to provide the one or more scores.

Abstract: Systems and method are provided for testing an infrastructure. The infrastructure may include one or more computers connected by a network. Moreover, each of the computers may include an agent. In one embodiment, the method includes receiving, at a controller, a test request to perform at least one of a plurality of predetermined tests, the predetermined test including one or more parameters associated with performing the predetermined test and one or more expected results from performing the predetermined test. The method further includes determining whether the predetermined test is available at one of the computers. The method also includes sending, by the controller, the predetermined test to one of the computers based on the results of the determining step, such that the agent at the computer performs the predetermined test sent by the controller. Furthermore, the method includes receiving, at the controller, one or more results of the predetermined test performed by the agent at the computer.

Abstract: The invention relates to a method, system and computer program product for grading asset-backed securities by assigning a relative grade, including one or more of a prepayment risk component and a complexity component, which may take into account one or more of weighted average life, volatility of weighted average life at moderate and stressed yield curve shifts, and complexity, in the absence of price information.

Abstract: Systems, methods, and computer-readable storage media are described for normalizing HMDA data. In one exemplary embodiment, a computer-implemented method of normalizing HMDA data comprises receiving HMDA data including at least one of HMDA data reports and loan-level public HMDA data, the HMDA data having information that varies as a function of time; correcting errors in the HMDA data; normalizing the HMDA data across any variation in the information; summarizing the normalized HMDA data; and outputting the summarized and normalized HMDA data to an application for analysis.

Abstract: Systems and methods are provided for providing, based on a model, an indication that an appraisal value for a property is likely to be faulty. In one embodiment, a method includes receiving information representative of at least one of a borrower, a property, or one or more demographics, such that the received information corresponds to a date. The method determines a score based on the received information and the model, such that the score provides the indication of the likelihood that the appraisal value was faulty on the date.

Abstract: A method, system, and computer-program product for determining one or more decision steps of a programming logic set executed by a computer. The method comprises steps of: receiving at least one data set; receiving conditional information; tagging one of said one or more data sets to indicate qualification under the conditional information. The tagging includes determining, for each tagging condition element, if the tagging condition element passes or fails, and combining, in accordance with a predefined logic scheme, the results of the individual tagging condition elements from the determining step to further determine whether said data set meets the conditions.

Abstract: Systems and methods are described for processing mortgage payments. In one embodiment, the method includes receiving a fixed payment for the mortgage, such fixed payment being based on an initial interest rate, with the initial interest rate serving as a maximum interest rate; determining a principal and interest payment amount based on a revised interest rate, the revised interest rate not exceeding the maximum interest rate; determining a difference between the fixed payment and the determined principal and interest amount, so that any difference may prepay the mortgage.

Abstract: Systems and methods are provided for analyzing a set of assets. Generally, a distribution is computed for a characteristic of assets, setting a range in a tail of the distribution and partitioning the range into at least one partition. Subsequently, a multiplier is assigned to each partition, wherein the multiplier represents how the characteristics affect the risk associated with an asset. These multipliers can be used in a risk analysis.