Patents by Inventor Aohua Chen

Aohua Chen 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).

  • Systems and methods for adjusting the value of distressed properties
    Patent number: 11798076
    Abstract: Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.
    Type: Grant
    Filed: April 25, 2022
    Date of Patent: October 24, 2023
    Assignee: Federal Home Loan Mortgage Corporation (FREDDIE MAC)
    Inventors: James Douglas Gordon, Pamela W. Sims, Aohua Chen, Michael G. Bradley
  • Systems and methods for adjusting the value of distressed properties
    Patent number: 11328355
    Abstract: Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.
    Type: Grant
    Filed: May 8, 2020
    Date of Patent: May 10, 2022
    Assignee: FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC)
    Inventors: James Douglas Gordon, Pamela W. Sims, Aohua Chen, Michael G. Bradley
  • Systems and methods for adjusting the value of distressed properties
    Patent number: 10664908
    Abstract: Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.
    Type: Grant
    Filed: October 2, 2017
    Date of Patent: May 26, 2020
    Assignee: FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC)
    Inventors: James Douglas Gordon, Pamela W. Sims, Aohua Chen, Michael G. Bradley
  • Systems and methods for adjusting the value of distressed properties
    Patent number: 9779453
    Abstract: Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.
    Type: Grant
    Filed: December 16, 2013
    Date of Patent: October 3, 2017
    Assignee: FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC)
    Inventors: James Douglas Gordon, Pamela W. Sims, Aohua Chen, Michael G. Bradley
  • Systems and methods for adjusting the value of distressed properties
    Patent number: 8612358
    Abstract: Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.
    Type: Grant
    Filed: February 14, 2013
    Date of Patent: December 17, 2013
    Assignee: Federal Home Loan Mortgage Corporation (Freddie Mac)
    Inventors: James Douglas Gordon, Pamela W. Sims, Aohua Chen, Michael G. Bradley
  • Systems and methods for modifying a loan
    Patent number: 8386395
    Abstract: Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.
    Type: Grant
    Filed: April 28, 2005
    Date of Patent: February 26, 2013
    Assignee: Federal Home Loan Mortgage Corporation (Freddie Mac)
    Inventors: J. Douglas Gordon, Pamela W. Sims, Aohua Chen, Michael G. Bradley
  • Systems and methods for assessing property value fraud
    Patent number: 7693764
    Abstract: Systems and methods consistent with the present invention provide an indication of whether a mortgage loan is likely to involve property value fraud, such as a property involved in mortgage flipping. In one embodiment, a method includes receiving information representative of the property, the information including foreclosure information on the property and a rate of foreclosures corresponding to a region in which the property is located; and determining an indication based on one or more rules and the received information, the indication representative of a likelihood that the mortgage loan application involves property value fraud.
    Type: Grant
    Filed: July 16, 2004
    Date of Patent: April 6, 2010
    Assignee: Federal Home Loan Mortgage Corporation
    Inventors: J. Douglas Gordon, Pamela W. Sims, Aohua Chen