Abstract: Apparatus and methods for creation of securities based upon servicing records verified via a blockchain distributed ledger. The Blockchain is distributed to Participants in the Loan, such as the Borrowers, Regulators, Servicers, and Vendors. Participants may submit an aggregation criteria, such as for example a criteria used for selecting loans to be included in a securitization pool. The present disclosure further provides a method for homogenizing a variety of loan criteria and memorializing execution of a smart contract on the Blockchain.
Type:
Application
Filed:
October 4, 2021
Publication date:
January 27, 2022
Applicant:
Ranieri IP, LLC
Inventors:
Shane Michael Leonard, Richard Sheridan Collins
Abstract: Apparatus and methods for aggregating Mortgage Loans based upon servicing records verified via a blockchain distributed ledger. The Blockchain is distributed to Participants in the Loan, such as the Borrowers, Regulators, Servicers, and Vendors. Participants may submit an aggregation criteria, such as for example a criteria used for selecting loans to be included in a securitization pool. The present disclosure further provides a method for homogenizing a variety of loan criteria and memorializing execution of a smart contract on the Blockchain.
Type:
Grant
Filed:
December 10, 2020
Date of Patent:
October 5, 2021
Assignee:
Ranieri IP, LLC
Inventors:
Shane Michael Leonard, Richard Sheridan Collins
Abstract: Apparatus and methods for aggregating Mortgage Loans based upon servicing records verified via a blockchain distributed ledger. The Blockchain is distributed to Participants in the Loan, such as the Borrowers, Regulators, Servicers, and Vendors. Participants may submit an aggregation criteria, such as for example a criteria used for selecting loans to be included in a securitization pool. The present disclosure further provides a method for homogenizing a variety of loan criteria and memorializing execution of a smart contract on the Blockchain.
Type:
Application
Filed:
December 10, 2020
Publication date:
April 8, 2021
Applicant:
Ranieri IP, LLC
Inventors:
Shane Michael Leonard, Richard Sheridan Collins
Abstract: Apparatus and methods for ingesting Legacy Records of mortgage loan servicing actions onto a Blockchain. Legacy data is converted from a relational database format into a blockchain format and entered as one or more blocks on a blockchain. Portions of the blockchain are distributed to Participants in the blockchain, such as the Borrowers, Regulators, Servicers, and Vendors. The present disclosure further provides a method for homogenizing a variety of Vendor Formats for inclusion on the Blockchain and memorializing execution of a smart contract on the Blockchain.
Type:
Application
Filed:
December 6, 2019
Publication date:
April 9, 2020
Applicant:
Ranieri IP, LLC
Inventors:
Richard Sheridan Collins, Shane Michael Leonard
Abstract: Apparatus and methods for ingesting Legacy Records of mortgage loan servicing actions onto a Blockchain. The Blockchain is distributed to Participants in the Loan, such as the Borrowers, Regulators, Servicers, and Vendors. The present disclosure further provides a method for homogenizing a variety of Vendor Formats for inclusion on the Blockchain and memorializing execution of a smart contract on the Blockchain.
Type:
Grant
Filed:
August 22, 2019
Date of Patent:
February 18, 2020
Assignee:
Ranieri IP, LLC
Inventors:
Shane Michael Leonard, Richard Sheridan Collins
Abstract: Apparatus and methods for providing transparency, security, and auditability to a loan servicing process by encoding Loan Actions and associated Action data, onto a Blockchain. The Blockchain is distributed to Participants in the Loan, such as the Borrowers, Regulators, Servicers, and Vendors. The present disclosure further provides a method for homogenizing a variety of Vendor Formats for inclusion on the Blockchain and memorializing execution of a smart contract on the Blockchain. simplifying Transactions such as assignment of the rights of a Participant are simplified and memorialized and accessible via a communications network.
Type:
Grant
Filed:
March 3, 2019
Date of Patent:
November 19, 2019
Assignee:
Ranieri IP, LLC
Inventors:
Shane Michael Leonard, Richard Sheridan Collins