Patents by Inventor Stella Y. Ajose

Stella Y. Ajose 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).

  • Method and system for assessing repurchase risk
    Patent number: 7885892
    Abstract: A method and system for evaluating loan repurchase risk are disclosed. The method includes receiving information related to the loan and determining a loan repurchase risk based on the information. The information may be used to determine a joint probability of an underwriting discrepancy sufficient to trigger a repurchase request and an adverse event in connection with the loan, such as default or delinquency. A repurchase report may provide feedback regarding factors contributing to a repurchase risk. In one embodiment, depending on the repurchase risk, the purchaser may waive repurchase rights in connection with the loan, thereby reducing the requirements of the seller to reserve capital for the loan.
    Type: Grant
    Filed: August 17, 2010
    Date of Patent: February 8, 2011
    Assignee: Fannie Mae
    Inventors: Stella Y. Ajose, Henry Buist, Patricia R. Koscinski, Eric L. Rosenblatt
  • Method and system for assessing repurchase risk
    Patent number: 7783565
    Abstract: A method and system for evaluating loan repurchase risk are disclosed. The method includes receiving information related to the loan and determining a loan repurchase risk based on upon the information. The information may be used to determine a joint probability of an underwriting discrepancy sufficient to trigger a repurchase request and an adverse event in connection with the loan, such as default or delinquency. In one embodiment, depending on the repurchase risk, the purchaser may waive repurchase rights in connection with the loan, thereby reducing the requirements of the seller to reserve capital for the loan.
    Type: Grant
    Filed: November 7, 2007
    Date of Patent: August 24, 2010
    Assignee: Fannie Mae
    Inventors: Stella Y. Ajose, Henry Buist, Patricia R. Koscinski, Eric L. Rosenblatt