Patents by Inventor Mark D. Hanson

Mark D. Hanson 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: 7885886
    Abstract: A current mortgage price indicator futures contract (“Mortgage Futures Contract”) that can be traded on a futures exchange is described. The contracts add value over existing hedging and speculating alternatives by meeting the needs of a wide range of mortgage and mortgage-backed securities (MBS) market participants such as portfolio managers, dealers, hedgers, originators, speculators and arbitrageurs. The Mortgage Futures Contract is based upon conventional MBS and has a relatively current coupon composition, thereby resulting in risk properties that appeal to market participants more so than prior contracts based on non-conventional MBS that were not correlated to current MBS production. The Mortgage Futures Contract has a cash settlement feature designed to eliminate complicated and largely uneconomic physical delivery of the underlying security. A options contract corresponding to the Mortgage Futures Contract and that can be traded on a futures exchange is also described.
    Type: Grant
    Filed: May 18, 2010
    Date of Patent: February 8, 2011
    Assignee: Federal Home Loan Mortgage Corporation
    Inventors: Robert J. Burns, Mustafa Chowdhury, Patricia M. Dodson, Cathy A. Gay, Marian J. Gora, Mark D. Hanson, Gary D. Kain, Gregory J. Parseghian, Cindy K. Smith, Robert W. Aufdenspring, Stanley J. Kon, William F. Quinn
  • Patent number: 7742965
    Abstract: A current mortgage price indicator futures contract (“Mortgage Futures Contract”) that can be traded on a futures exchange is described. The contracts add value over existing hedging and speculating alternatives by meeting the needs of a wide range of mortgage and mortgage-backed securities (MBS) market participants such as portfolio managers, dealers, hedgers, originators, speculators and arbitrageurs. The Mortgage Futures Contract is based upon conventional MBS and has a relatively current coupon composition, thereby resulting in risk properties that appeal to market participants more so than prior contracts based on non-conventional MBS that were not correlated to current MBS production. The Mortgage Futures Contract has a cash settlement feature designed to eliminate complicated and largely uneconomic physical delivery of the underlying security. A options contract corresponding to the Mortgage Futures Contract and that can be traded on a futures exchange is also described.
    Type: Grant
    Filed: December 12, 2007
    Date of Patent: June 22, 2010
    Assignee: Federal Home Loan Mortgage Corporation
    Inventors: Robert J. Burns, Mustafa Chowdhury, Patricia M. Dodson, Cathy A. Gay, Marian J. Gora, Mark D. Hanson, Gary D. Kain, Gregory J. Parseghian, Cindy K. Smith, Robert W. Aufdenspring, Stanley J. Kon, William F. Quinn
  • Patent number: 7337136
    Abstract: A current mortgage price indicator futures contract (“Mortgage Futures Contract”) that can be traded on a futures exchange. The contracts add value over existing hedging and speculating alternatives by meeting the needs of a wide range of mortgage and mortgage-backed securities (MBS) market participants such as portfolio managers, dealers, hedgers, originators, speculators and arbitrageurs. The Mortgage Futures Contract is based upon conventional MBS and has a relatively current coupon composition, thereby resulting in risk properties that appeal to market participants more so than prior contracts based on non-conventional MBS that were not correlated to current MBS production. The Mortgage Futures Contract has a cash settlement feature designed to eliminate complicated and largely uneconomic physical delivery of the underlying security. An options contract corresponding to the Mortgage Futures Contract and that can be traded on a futures exchange.
    Type: Grant
    Filed: August 17, 2001
    Date of Patent: February 26, 2008
    Assignee: Federal Home Loan Mortgage Corporation
    Inventors: Robert J. Burns, Mustafa Chowdhury, Patricia M. Dodson, Cathy A. Gay, Marian J. Gora, Mark D. Hanson, Gary D. Kain, Gregory J. Parseghian, Cindy K. Smith, Robert W. Aufdenspring, Stanley J. Kon, William F. Quinn
  • Patent number: 6382699
    Abstract: A bumper for a motor vehicle having a tonneau cover moveable from an opened position to a closed position includes an annular body having an inner surface and an outer surface where the inner surface defines a bore. The bumper also includes a rib extending from a first position on the inner surface to a second position on the inner surface within the bore. The bumper is adapted to be mounted to the vehicle and positioned between the tonneau cover and the vehicle when the tonneau cover is in the closed position.
    Type: Grant
    Filed: July 19, 2000
    Date of Patent: May 7, 2002
    Assignee: The Budd Company
    Inventor: Mark D. Hanson