Patents by Inventor Herbert F. Frymark, JR.

Herbert F. Frymark, 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).

  • Patent number: 12045899
    Abstract: Indexing and adjusting for property condition in an automated valuation model. Property data corresponding to a geographical area is accessed, and a regression is performed based upon the property data. The regression models the relationship between a dependent variable, such as price, and property-characteristic explanatory variables. Further regression is then performed and models or further explains the relationship between the dependent variable and property condition explanatory variables. Specifically, further regression may model the relationship between the residual from the first regression and the property condition variables. Optional examples of these variables are those based upon the presence of predetermined remarks in associated property listings, the number of photos in such listings, and a categorical year built variable. The regression is used to determine a property-condition index for the geographical area.
    Type: Grant
    Filed: September 23, 2011
    Date of Patent: July 23, 2024
    Assignee: Fannie Mae
    Inventors: Elif Onmus-Baykal, Eric Rosenblatt, Dwayne D. Seegars, Herbert F. Frymark, Jr., Benjamin Ross Hoffman
  • Publication number: 20130339094
    Abstract: A system and method for automatically accessing property data corresponding to properties within the geographic area and displaying on a display device a map corresponding to said geographic area. Applying a comparable selection model based on a subject to the property data to generate a set of comparable properties, altering the set of comparable properties based on a variation command to generate an altered comparable property set, and displaying on the display device the map with the altered comparable property information.
    Type: Application
    Filed: June 13, 2012
    Publication date: December 19, 2013
    Applicant: Fannie Mae
    Inventors: Megan C. Berry, Herbert F. Frymark, JR., Felix G. Meale, Eric Rosenblatt, Dwayne D. Seegars
  • Publication number: 20130080340
    Abstract: Indexing and adjusting for property condition in an automated valuation model. Property data corresponding to a geographical area is accessed, and a regression is performed based upon the property data. The regression models the relationship between a dependent variable, such as price, and property-characteristic explanatory variables. Further regression is then performed and models or further explains the relationship between the dependent variable and property condition explanatory variables. Specifically, further regression may model the relationship between the residual from the first regression and the property condition variables. Optional examples of these variables are those based upon the presence of predetermined remarks in associated property listings, the number of photos in such listings, and a categorical year built variable. The regression is used to determine a property-condition index for the geographical area.
    Type: Application
    Filed: September 23, 2011
    Publication date: March 28, 2013
    Inventors: Elif Onmus-Baykal, Eric Rosenblatt, Dwayne D. Seegars, Herbert F. Frymark, JR., Benjamin Ross Hoffman