Patents by Inventor John L. Kemper

John L. Kemper 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: 11928652
    Abstract: A system receives information for a plurality of invoices having invoice amounts owed by a debtor-buyer to a plurality of creditor-suppliers, a cash pool amount for a cash pool available by the debtor-buyer for early payment of at least some of the invoice amounts, and a desired return rate, receives a plurality of offers, each offer from a corresponding creditor-supplier and comprising an offer return rate, determines whether each of the plurality of offers is eligible for acceptance based on each offer return rate from each offer and the desired return rate for the buyer and selects one or more invoices each having an invoice amount, and transmits award information to the debtor-buyer.
    Type: Grant
    Filed: August 23, 2021
    Date of Patent: March 12, 2024
    Assignee: POLLEN, INC.
    Inventors: Alexander C. Kemper, Kevin J. Daniels, Peter L. Thomas, John G. Christopher, Douglas A. Martin
  • Patent number: 8515861
    Abstract: A method for facilitating sale of a loan by a seller to a purchaser where the seller and the purchaser have an agreement regarding the sale of loans including terms and the loan has a set of loan data. The method includes determining a price for the loan prior to selling the loan to the purchaser. The price is based on at least the set of loan data and the terms for the agreement. The method also includes applying a set of business rules to the set of loan data prior to selling the loan to the purchaser to identify compliance with terms of the agreement and/or errors in the loan data.
    Type: Grant
    Filed: September 22, 2006
    Date of Patent: August 20, 2013
    Assignee: Fannie Mae
    Inventors: John E. Gang, William R. Nolan, III, John L. Kemper, David N. Voth, Peter G. Kopperman
  • Publication number: 20130066766
    Abstract: 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: Application
    Filed: September 12, 2012
    Publication date: March 14, 2013
    Inventors: John L. Kemper, F. Scott Whipple
  • Patent number: 8065211
    Abstract: A system for creating an agreement and tracking compliance with terms of an agreement between a seller and a purchaser for the sale of loans includes deal management logic and a rules processor. The deal management logic is configured to store and track the terms of the agreement using a set of business rules. The rules processor comprises the set of business rules and is configured to facilitate adding or editing at least one business rule based on at least one term of the agreement. In addition, the rules processor is configured to access the business rules to assess compliance with the terms of the agreement during delivery of the loans. The system may also include pricing logic that is configured to create a set of price data based on the at least one term of the agreement.
    Type: Grant
    Filed: November 24, 2008
    Date of Patent: November 22, 2011
    Assignee: Fannie Mae
    Inventors: John L. Kemper, John A. Simonds, Jr., Mark D. Mathewson, Navdeep Singh
  • Patent number: 8032450
    Abstract: The processing of loans techniques includes a system, and a method. In some embodiments, the system includes a processor, a machine readable storage media, a committing logic, and a user interface. The committing logic is configured to permit a seller of a plurality of mortgage loans to enter into and update commitments to sell the plurality of mortgage loans in secondary mortgage market. The user interface logic is configured to provide an Internet-enabled interface to permit the seller to access the committing logic and to receive the commitments to sell the plurality of mortgage loans by way of the Internet. This Abstract is provided for the sole purpose of complying with the Abstract requirement rules. This Abstract is submitted with the explicit understanding that it will not be used to interpret or to limit the scope or the meaning of the claims.
    Type: Grant
    Filed: June 10, 2010
    Date of Patent: October 4, 2011
    Assignee: Fannie Mae
    Inventors: John L. Kemper, William R. Nolan, III
  • Patent number: 8024265
    Abstract: A system for verifying loan data for a loan being delivered by a seller to a purchaser includes underwriting logic that generates a set of underwriting data for a loan and delivery logic that receives a set of delivery data for the loan from the seller and processes the delivery data. The delivery logic includes comparison logic that compares the underwriting data for the loan and the delivery data for the loan to determine any differences. If there are differences between the underwriting data and the delivery data for the loan, yield adjustments and fees may be determined for the loan based on the differences.
    Type: Grant
    Filed: June 28, 2010
    Date of Patent: September 20, 2011
    Assignee: Fannie Mae
    Inventors: John L. Kemper, David A. Coleman
  • Patent number: 7979346
    Abstract: A system is provided for generating pricing information regarding loans where each loan has loan level data and is associated with a borrower. The system includes a pricing engine for generating a price for each loan including an interest rate component and a credit risk component. The credit risk component is generated based on loan level data for the particular loan.
    Type: Grant
    Filed: October 1, 2010
    Date of Patent: July 12, 2011
    Assignee: Fannie Mae
    Inventors: William R. Nolan, III, John L. Kemper, David N. Voth, Peter G. Kopperman
  • Publication number: 20110112955
    Abstract: A system is provided for generating pricing information regarding loans where each loan has loan level data and is associated with a borrower. The system includes a pricing engine for generating a price for each loan including an interest rate component and a credit risk component. The credit risk component is generated based on loan level data for the particular loan.
    Type: Application
    Filed: October 1, 2010
    Publication date: May 12, 2011
    Inventors: William R. Nolan, III, John L. Kemper, David N. Voth, Peter G. Kopperman
  • Patent number: 7885889
    Abstract: A data processing system for processing loan data for a plurality of loans including a data storage system configured to store loan data for the plurality of loans and a user interface including one or more web pages configured to enable a servicer using a remote computing system to transfer loan data over the Internet to and from the data processing system. The user interface includes a loan activity processing function configured to receive servicer loan data including loan activity data from the servicer, a trial balance processing function configured to enable the servicer to submit servicer loan data for comparison with the stored loan data, and a loan level browsing function configured to allow the servicer to view stored loan data.
    Type: Grant
    Filed: December 16, 2004
    Date of Patent: February 8, 2011
    Assignee: Fannie Mae
    Inventors: Dror Oppenheimer, Maryann Bastnagel, John L. Kemper, John A. Simonds, Jr., Mark D. Mathewson, Navdeep Singh
  • Publication number: 20100312684
    Abstract: The processing of loans techniques includes a system, and a method. In some embodiments, the system includes a processor, a machine readable storage media, a committing logic, and a user interface. The committing logic is configured to permit a seller of a plurality of mortgage loans to enter into and update commitments to sell the plurality of mortgage loans in secondary mortgage market. The user interface logic is configured to provide an Internet-enabled interface to permit the seller to access the committing logic and to receive the commitments to sell the plurality of mortgage loans by way of the Internet. This Abstract is provided for the sole purpose of complying with the Abstract requirement rules. This Abstract is submitted with the explicit understanding that it will not be used to interpret or to limit the scope or the meaning of the claims.
    Type: Application
    Filed: June 10, 2010
    Publication date: December 9, 2010
    Inventors: John L. Kemper, William R. Nolan, III
  • Publication number: 20100268641
    Abstract: A system for verifying loan data for a loan being delivered by a seller to a purchaser includes underwriting logic that generates a set of underwriting data for a loan and delivery logic that receives a set of delivery data for the loan from the seller and processes the delivery data. The delivery logic includes comparison logic that compares the underwriting data for the loan and the delivery data for the loan to determine any differences. If there are differences between the underwriting data and the delivery data for the loan, yield adjustments and fees may be determined for the loan based on the differences.
    Type: Application
    Filed: June 28, 2010
    Publication date: October 21, 2010
    Inventors: John L. Kemper, David A. Coleman
  • Patent number: 7809633
    Abstract: A system is provided for generating pricing information regarding loans where each loan has loan level data and is associated with a borrower. The system includes a pricing engine for generating a price for each loan including an interest rate component and a credit risk component. The credit risk component is generated based on loan level data for the particular loan.
    Type: Grant
    Filed: December 16, 2003
    Date of Patent: October 5, 2010
    Assignee: Fannie Mae
    Inventors: William R. Nolan, III, John L. Kemper, David N. Voth, Peter G. Kopperman
  • Patent number: 7797213
    Abstract: 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: Grant
    Filed: April 11, 2007
    Date of Patent: September 14, 2010
    Assignee: Fannie Mae
    Inventors: John L. Kemper, F. Scott Whipple, Timothy M. McLuckie
  • Patent number: 7747519
    Abstract: A system for verifying loan data for a loan being delivered by a seller to a purchaser includes underwriting logic that generates a set of underwriting data for a loan and delivery logic that receives a set of delivery data for the loan from the seller and processes the delivery data. The delivery logic includes comparison logic that compares the underwriting data for the loan and the delivery data for the loan to determine any differences. If there are differences between the underwriting data and the delivery data for the loan, yield adjustments and fees may be determined for the loan based on the differences.
    Type: Grant
    Filed: December 16, 2003
    Date of Patent: June 29, 2010
    Assignee: Fannie Mae
    Inventors: John L. Kemper, David A. Coleman
  • Patent number: 7742981
    Abstract: An Internet-enabled interface for receiving commitments to sell mortgage loans. The interface includes a plurality of loan commitment input fields configured to receive loan commitment data. The data input fields include at least a loan type input field, a commitment amount input field, and a commitment period input field. The interface further includes at least one loan commitment output field including loan commitment price information; and a loan commitment transaction button configured to initiate automatic processing of the loan commitment data to create a loan commitment.
    Type: Grant
    Filed: December 16, 2004
    Date of Patent: June 22, 2010
    Assignee: Fannie Mae
    Inventors: John L. Kemper, William R. Nolan, III
  • Patent number: 7593889
    Abstract: A data processing system for processing loan data comprises acquisition logic, reporting logic, and financial asset generation logic. The acquisition logic is configured to receive information pertaining to loan term, interest rate, principal owed and other parameters for a plurality of loans. The reporting logic is configured to receive payment information regarding borrower payments in connection with the plurality of loans. The financial asset generation logic is configured to facilitate creation and maintenance of a plurality of financial assets backed by the plurality of loans. The acquisition logic, the reporting logic, and the financial asset generation logic are provided on a common integrated data processing platform.
    Type: Grant
    Filed: December 30, 2002
    Date of Patent: September 22, 2009
    Assignee: Fannie Mae
    Inventors: Franklin D. Raines, Julie G. St. John, Michael A. Quinn, Robert A. Lewis, William F. Farrell, John L. Kemper
  • Publication number: 20090076973
    Abstract: A system for creating an agreement and tracking compliance with terms of an agreement between a seller and a purchaser for the sale of loans includes deal management logic and a rules processor. The deal management logic is configured to store and track the terms of the agreement using a set of business rules. The rules processor comprises the set of business rules and is configured to facilitate adding or editing at least one business rule based on at least one term of the agreement. In addition, the rules processor is configured to access the business rules to assess compliance with the terms of the agreement during delivery of the loans. The system may also include pricing logic that is configured to create a set of price data based on the at least one term of the agreement.
    Type: Application
    Filed: November 24, 2008
    Publication date: March 19, 2009
    Inventors: John L. Kemper, John A. Simonds, JR., Mark D. Mathewson, Navdeep Singh
  • Patent number: 7461020
    Abstract: A system for creating an agreement and tracking compliance with terms of an agreement between a seller and a purchaser for the sale of loans includes deal management logic and a rules processor. The deal management logic is configured to store and track the terms of the agreement using a set of business rules. The rules processor comprises the set of business rules and is configured to facilitate adding or editing at least one business rule based on at least one term of the agreement. In addition, the rules processor is configured to access the business rules to assess compliance with the terms of the agreement during delivery of the loans. The system may also include pricing logic that is configured to create a set of price data based on the at least one term of the agreement.
    Type: Grant
    Filed: December 17, 2003
    Date of Patent: December 2, 2008
    Assignee: Fannie Mae
    Inventors: John L. Kemper, John A. Simonds, Jr., Mark D. Mathewson, Navdeep Singh
  • Patent number: 7340424
    Abstract: A method for facilitating sale of a loan by a seller to a purchaser where the seller and the purchaser have an agreement regarding the sale of loans including terms and the loan has a set of loan data. The method includes determining a price for the loan prior to selling the loan to the purchaser. The price is based on at least the set of loan data and the terms for the agreement. The method also includes applying a set of business rules to the set of loan data prior to selling the loan to the purchaser to identify compliance with terms of the agreement and/or errors in the loan data.
    Type: Grant
    Filed: December 16, 2003
    Date of Patent: March 4, 2008
    Assignee: Fannie Mae
    Inventors: John E. Gang, William R. Nolan, III, John L. Kemper, David N. Voth, Peter G. Kopperman
  • Patent number: 6999942
    Abstract: 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: Grant
    Filed: December 30, 2002
    Date of Patent: February 14, 2006
    Assignee: Fannie Mae
    Inventors: John L. Kemper, F. Scott Whipple, Timothy M. McLuckie