Abstract: An electronic mortgage portfolio asset auction system includes at least one host computing device that assembles a mortgage asset inventory from received mortgage asset data of a plurality of financial institutions for bidding. The host computing device filters the mortgage asset inventory in view of a bidder's mortgage asset purchase criteria to identify mortgage assets corresponding to the bid order, generates at least one ranked list of the identified mortgage assets by applying financial institution preference criteria, and presents the at least one ranked list to the first one of the plurality of financial institutions.

Abstract: The disclosure herein describes processing a transaction across multiple accounts. A multi-source payment request associated with the first transaction is received at a payment network. The request is associated with source account identifiers of the multiple accounts and it includes a merchant identifier a first amount of the transaction. A virtual account identifier associated with the multi-source payment request is generated and provided in response to the request. An authorization request associated with the first transaction and including the virtual account identifier is received from the merchant. A plurality of second transactions associated with the source account identifiers is created and the processing of the plurality of second transactions is then performed, whereby the first transaction is processed. The described system provides enhanced flexibility for users in paying for purchases while insulating merchants from increased complexity of handling transactions with multiple accounts.

Abstract: An electronic mortgage portfolio asset auction system includes at least one host computing device that assembles a mortgage asset inventory from received mortgage asset data of a plurality of financial institutions for bidding. The host computing device filters the mortgage asset inventory in view of a bidder's mortgage asset purchase criteria to identify mortgage assets corresponding to the bid order, generates at least one ranked list of the identified mortgage assets by applying financial institution preference criteria, and presents the at least one ranked list to the first one of the plurality of financial institutions.