Risk Reduction Mortgage System and Method

Risk Reduction Mortgage System and Method

A Risk Reduction Mortgage System and Method is provided. In one aspect of the present disclosure is a system and method of calculating and reducing risk by offering consumers, as a feature of their mortgage transaction, the practical means of trading local price risk as measured by changes in local...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: Biron, Marc, Mamoun, Monir, Mangelsdorf, III, Paul C
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A Risk Reduction Mortgage System and Method is provided. In one aspect of the present disclosure is a system and method of calculating and reducing risk by offering consumers, as a feature of their mortgage transaction, the practical means of trading local price risk as measured by changes in local housing price indices for the performance of the national real estate price risk as measured by a national housing price index. In another aspect, the present disclosure is a method, system, and a computer readable medium for generating and managing a risk reduction mortgage.