Patents by Inventor Peter Ian Ekstein

Peter Ian Ekstein 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).

  • Valuation methods, apparatus, media and signals, and methods relating to asset-secured loans
    Patent number: 7734537
    Abstract: A computer-implemented method includes determining, in respect of a loan secured by an asset, a present value of a right of a borrower of the loan to choose during a term of the loan to require an entity to pay the loan in full on the borrower's behalf in exchange for the asset, in response to at least one prediction of whether the borrower will exercise the right. The asset may include realty and the loan may include a mortgage. A further method includes granting, to a borrower of a loan secured by an asset, a right to choose during a term of the loan to require an entity to: (i) pay the loan in full on behalf of the borrower, and (ii) receive the asset in full satisfaction therefor; and receiving valuable consideration from the borrower in exchange for the granting of the right.
    Type: Grant
    Filed: November 16, 2006
    Date of Patent: June 8, 2010
    Assignee: Simon Fraser University
    Inventors: Andrey Dimitrov Pavlov, Susan Melinda Wachter, Peter Ian Ekstein
  • Valuation methods, apparatus, media and signals, and methods relating to asset-secured loans
    Publication number: 20080120225
    Abstract: A computer-implemented method includes determining, in respect of a loan secured by an asset, a present value of a right of a borrower of the loan to choose during a term of the loan to require an entity to pay the loan in full on the borrower's behalf in exchange for the asset, in response to at least one prediction of whether the borrower will exercise the right. The asset may include realty and the loan may include a mortgage. A further method includes granting, to a borrower of a loan secured by an asset, a right to choose during a term of the loan to require an entity to: (i) pay the loan in full on behalf of the borrower, and (ii) receive the asset in full satisfaction therefor; and receiving valuable consideration from the borrower in exchange for the granting of the right.
    Type: Application
    Filed: November 16, 2006
    Publication date: May 22, 2008
    Inventors: Andrey Dimitrov Pavlov, Susan Melinda Wachter, Peter Ian Ekstein