Patents by Inventor F. Scott Whipple
F. Scott Whipple 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).
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Patent number: 11687989Abstract: A method includes receiving, using a first GUI, information associated with multiple RFXs to be generated and provided to multiple suppliers. The method also includes identifying multiple bid groups associated with different groups of materials from at least one bill of materials to be potentially sourced from different groups of suppliers. Some information received using the first GUI varies for different bid groups. The method further includes identifying one or more acquisition scenarios based on the received information. The method also includes generating the RFXs based on the received information, the identified bid groups, and the identified acquisition scenario(s), where different RFXs are associated with different bid groups. The method further includes receiving, using a second GUI, an RFX response from each of at least some of the suppliers. In addition, the method includes presenting a third GUI that is based on at least one of the RFX responses.Type: GrantFiled: March 24, 2020Date of Patent: June 27, 2023Assignee: Raytheon CompanyInventors: Adrianne M. Norwood, F. Scott Whipple, Nancy E. Woods
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Publication number: 20210304271Abstract: A method includes receiving, using a first GUI, information associated with multiple RFXs to be generated and provided to multiple suppliers. The method also includes identifying multiple bid groups associated with different groups of materials from at least one bill of materials to be potentially sourced from different groups of suppliers. Some information received using the first GUI varies for different bid groups. The method further includes identifying one or more acquisition scenarios based on the received information. The method also includes generating the RFXs based on the received information, the identified bid groups, and the identified acquisition scenario(s), where different RFXs are associated with different bid groups. The method further includes receiving, using a second GUI, an RFX response from each of at least some of the suppliers. In addition, the method includes presenting a third GUI that is based on at least one of the RFX responses.Type: ApplicationFiled: March 24, 2020Publication date: September 30, 2021Inventors: Adrianne M. Norwood, F. Scott Whipple, Nancy E. Woods
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Publication number: 20210304273Abstract: A method includes receiving, using a first graphical user interface, information associated with a request for proposal, quote, bid, or information (RFX) to be generated and provided to a supplier. The method also includes identifying one of multiple acquisition scenarios associated with the RFX to be generated based on the received information. The method further includes generating the RFX based on the received information and the identified acquisition scenario. The method also includes receiving, using a second graphical user interface, an RFX response from the supplier. The method further includes identifying multiple requirements associated with the RFX response based on the identified acquisition scenario and comparing contents of the RFX response to the identified requirements. In addition, the method includes automatically informing the supplier of one or more identified requirements for which the RFX response is non-compliant.Type: ApplicationFiled: March 24, 2020Publication date: September 30, 2021Inventors: Adrianne M. Norwood, F. Scott Whipple, Margaret A. Espinoza, Jeffrey T. Leonard
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Publication number: 20210304269Abstract: A method includes performing, using at least one processor, multiple price analyses associated with a proposal. The method also includes generating a visualization that overlays results of the multiple price analyses in a common graph, where different ones of the price analyses are associated with different data points in the graph. The method further includes receiving a user selection of one or more of the data points in the visualization to be excluded. The method also includes repeating, using the at least one processor, the multiple price analyses without using the one or more excluded data points. In addition, the method includes updating the visualization based on results of the repeated price analyses.Type: ApplicationFiled: March 24, 2020Publication date: September 30, 2021Inventors: Adrianne M. Norwood, F. Scott Whipple, James K. Villarreal
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Publication number: 20130066766Abstract: A method for generating a price for a loan comprises providing a seller of one or more loans with an ability to make an N-day forward commitment, wherein N is an arbitrary number selectable by the seller. The method further comprises receiving a commitment from the seller for the one or more loans and generating a market-based price for the one or more loans based on the N-day forward commitment.Type: ApplicationFiled: September 12, 2012Publication date: March 14, 2013Inventors: John L. Kemper, F. Scott Whipple
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Patent number: 8195564Abstract: A system for creating and maintaining financial assets which accentuate different types of sub-loan level risk associated with a plurality of home mortgage loans and which are configured to operate as hedges against risks that oppose the different types of sub-loan level risk is provided. A decomposition tool is configured to decompose each of the plurality of home mortgage loans into a plurality of sub-loan level cash flows. A repackaging tool is configured to repackage the plurality of sub-loan level cash flows to form the financial assets. Repackaging includes selecting a sub-combination of the plurality of sub-loan level cash flows, packaging the sub-combination of sub-loan level cash flows to create one of the financial assets, and repeating the selecting and packaging steps to create additional financial assets. A graphical user interface is configured to display information relating to the sub-loan level cash flows and financial assets on a display.Type: GrantFiled: December 17, 2010Date of Patent: June 5, 2012Assignee: Fannie MaeInventors: F. Scott Whipple, Timothy M. McLuckie
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Publication number: 20110131116Abstract: A system for creating and maintaining financial assets which accentuate different types of sub-loan level risk associated with a plurality of home mortgage loans and which are configured to operate as hedges against risks that oppose the different types of sub-loan level risk is provided. A decomposition tool is configured to decompose each of the plurality of home mortgage loans into a plurality of sub-loan level cash flows. A repackaging tool is configured to repackage the plurality of sub-loan level cash flows to form the financial assets. Repackaging includes selecting a sub-combination of the plurality of sub-loan level cash flows, packaging the sub-combination of sub-loan level cash flows to create one of the financial assets, and repeating the selecting and packaging steps to create additional financial assets. A graphical user interface is configured to display information relating to the sub-loan level cash flows and financial assets on a display.Type: ApplicationFiled: December 17, 2010Publication date: June 2, 2011Inventors: F. Scott Whipple, Timothy M. McLuckie
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Patent number: 7856397Abstract: A method, the method comprising decomposing each of a plurality of home mortgage loans into a plurality of sub-loan level cash flows, repackaging the plurality of sub-loan level cash flows to form a plurality of financial assets backed by the plurality of sub-loan level cash flows, making a determination of accounting rules that apply to the plurality of financial assets, and storing and tracking accounting data for the plurality of financial assets based at least in part on the accounting rules.Type: GrantFiled: December 29, 2003Date of Patent: December 21, 2010Assignee: Fannie MaeInventors: F. Scott Whipple, Timothy M. McLuckie
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Patent number: 7797213Abstract: A data construct represents a financial asset in a data processing system. The data construct comprises description data, a cash flow map, and process instructions. The description data further comprises creation, purpose, and transaction information data describing the financial asset. The cash flow map further comprises information on cash flows that flow into the financial asset. The process instructions include information on cash flow processing for the cash flows that flow into the financial asset.Type: GrantFiled: April 11, 2007Date of Patent: September 14, 2010Assignee: Fannie MaeInventors: John L. Kemper, F. Scott Whipple, Timothy M. McLuckie
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Patent number: 7533057Abstract: A method that comprises acquiring a home mortgage loan having a loan asset and a servicing asset and compensating a servicer that performs servicing of the loan during a term of the loan. The compensation provided to the servicer does not decrease through time during the term of the loan.Type: GrantFiled: April 11, 2007Date of Patent: May 12, 2009Assignee: Fannie MaeInventors: F. Scott Whipple, Timothy M. McLuckie
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Patent number: 6999942Abstract: A computer-implemented cash flow decomposition and repackaging system comprises processing logic and a graphical user interface which is coupled to the processing logic. The processing logic decomposes each of a plurality of home mortgage loans into a plurality of sub-loan level cash flows and repackages the plurality of sub-loan level cash flows to form a plurality of financial assets backed by the plurality of sub-loan level cash flows in accordance with operator inputs. The user interface displays indicia representative of the sub-loan level cash flows, the financial assets, and a relationship between the plurality of sub-loan level cash flows and the plurality of financial assets, including a manner in which at least some cash flows are traceable back to one or more of the plurality of home mortgage loans.Type: GrantFiled: December 30, 2002Date of Patent: February 14, 2006Assignee: Fannie MaeInventors: John L. Kemper, F. Scott Whipple, Timothy M. McLuckie
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Publication number: 20040153384Abstract: A method, the method comprising decomposing each of a plurality of home mortgage loans into a plurality of sub-loan level cash flows, repackaging the plurality of sub-loan level cash flows to form a plurality of financial assets backed by the plurality of sub-loan level cash flows, making a determination of accounting rules that apply to the plurality of financial assets, and storing and tracking accounting data for the plurality of financial assets based at least in part on the accounting rules.Type: ApplicationFiled: December 29, 2003Publication date: August 5, 2004Applicant: Fannie MaeInventors: F. Scott Whipple, Timothy M. McLuckie
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Publication number: 20040128228Abstract: A method that comprises acquiring a home mortgage loan having a loan asset and a servicing asset and compensating a servicer that performs servicing of the loan during a term of the loan. The compensation provided to the servicer does not decrease through time during the term of the loan.Type: ApplicationFiled: December 30, 2002Publication date: July 1, 2004Applicant: Fannie MaeInventors: F. Scott Whipple, Timothy M. McLuckie
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Publication number: 20040128227Abstract: A method comprises decomposing each of a plurality of home mortgage loans into a plurality of sub-loan level cash flows; and repackaging the plurality of sub-loan level cash flows to form a plurality of financial assets backed by the plurality of sub-loan level cash flows.Type: ApplicationFiled: December 30, 2002Publication date: July 1, 2004Applicant: Fannie MaeInventors: F. Scott Whipple, Timothy M. McLuckie
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Publication number: 20040128149Abstract: An exemplary embodiment is related to a computer-implemented cash flow decomposition and repackaging system. The system comprises processing logic and a graphical user interface which is coupled to the processing logic. The graphical user interface further comprises an operator input interface and a display interface. The operator input interface is configured to receive operator inputs. The operator inputs are used by the processing logic, that is, the processing logic decomposes each of a plurality of home mortgage loans into a plurality of sub-loan level cash flows and repackages the plurality of sub-loan level cash flows to form a plurality of financial assets backed by the plurality of sub-loan level cash flows in accordance with the operator inputs.Type: ApplicationFiled: December 30, 2002Publication date: July 1, 2004Applicant: Fannie MaeInventors: John L. Kemper, F. Scott Whipple, Timothy M. McLuckie
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Publication number: 20040128235Abstract: A data construct represents a financial asset in a data processing system. The data construct comprises description data, a cash flow map, and process instructions. The description data further comprises creation, purpose, and transaction information data describing the financial asset. The cash flow map further comprises information on cash flows that flow into the financial asset. The process instructions include information on cash flow processing for the cash flows that flow into the financial asset.Type: ApplicationFiled: December 30, 2002Publication date: July 1, 2004Applicant: Fannie MaeInventors: John L. Kemper, F. Scott Whipple, Timothy M. McLuckie