Patents by Inventor Timothy McLuckie

Timothy McLuckie 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).

  • Publication number: 20070255654
    Abstract: A method that comprises acquiring a home mortgage loan having a loan asset and a servicing asset and compensating a servicer that performs servicing of the loan during a term of the loan. The compensation provided to the servicer does not decrease through time during the term of the loan.
    Type: Application
    Filed: April 11, 2007
    Publication date: November 1, 2007
    Inventors: F. Whipple, Timothy McLuckie
  • Publication number: 20070255648
    Abstract: A method comprises decomposing each of a plurality of home mortgage loans into a plurality of sub-loan level cash flows; and repackaging 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.
    Type: Application
    Filed: April 11, 2007
    Publication date: November 1, 2007
    Inventors: F. Whipple, Timothy McLuckie
  • Publication number: 20070255655
    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: Application
    Filed: April 11, 2007
    Publication date: November 1, 2007
    Inventors: John Kemper, F. Whipple, Timothy McLuckie