Patents by Inventor John Howard McNair

John Howard McNair 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).

  • System and method for automated process of deal structuring
    Patent number: 6901384
    Abstract: An automated deal processing for customers is disclosed, and includes prompting a customer for at least one deal parameter, such as loan amount, prompting the customer for information relating to the customer, such as income and collateral offered by the customer, optionally accessing in real-time information relating to the credit history of the customer, applying a plurality of origination rules, such as exclusionary rules, pricing rules, risk rules, and edit preference rules, to the at least one deal parameter and the information relating to the customer, applying at least one strategy, such as compensation for risk, repair, or upsell, to the results of the application of the rules, generating at least one deal based on the accessing and applying of the strategy, and presenting the customer with the at least one option which may include a customer-preferred loan, a piggyback loan, a pre-qualification, or reduced term loan option,
    Type: Grant
    Filed: January 7, 2002
    Date of Patent: May 31, 2005
    Assignee: American Home Credit, Inc.
    Inventors: Joan Lynch, John Howard McNair, Stephen John Polito, Roberto E. D'Urbano, Milton Riseman, William Kaiser
  • System and method for automated process of deal structuring
    Patent number: 6823319
    Abstract: An automated deal processing for customers is disclosed, and includes prompting a customer for at least one deal parameter, such as loan amount, prompting the customer for information relating to the customer, such as collateral offered by the customer, accessing in real-time information relating to the credit history of the customer, applying a plurality of origination rules, such as exclusionary rules, pricing rules, risk rules, and edit preference rules, to the at least one deal parameter and the information relating to the customer, applying at least one strategy, such as compensation for risk, repair, or upsell, to the results of the application of the rules, generating at least one deal based on the accessing and applying of the strategy, and presenting the customer with the at least one option. In a preferred embodiment, the automated process of deal structuring is based on the needs and/or the preferences of the customer.
    Type: Grant
    Filed: June 3, 2000
    Date of Patent: November 23, 2004
    Assignee: Home American Credit, Inc.
    Inventors: Joan Lynch, John Howard McNair, Stephen John Polito, Roberto E. D'Urbano, Milton Riseman, William Kaiser
  • System and method for automated process of deal structuring
    Publication number: 20030033242
    Abstract: An automated deal processing for customers is disclosed, and includes prompting a customer for at least one deal parameter, such as loan amount, prompting the customer for information relating to the customer, such as income and collateral offered by the customer, optionally accessing in real-time information relating to the credit history of the customer, applying a plurality of origination rules, such as exclusionary rules, pricing rules, risk rules, and edit preference rules, to the at least one deal parameter and the information relating to the customer, applying at least one strategy, such as compensation for risk, repair, or upsell, to the results of the application of the rules, generating at least one deal based on the accessing and applying of the strategy, and presenting the customer with the at least one option which may include a customer-preferred loan, a piggyback loan, a pre-qualification, or reduced term loan option,
    Type: Application
    Filed: January 7, 2002
    Publication date: February 13, 2003
    Inventors: Joan Lynch, John Howard McNair, Stephen John Polito, Roberto E. D'Urbano, Milton Riseman, William Kaiser