System and method for mortgage loan pricing, sale and funding

Systems and methods for optimizing servicing fees for a set of loans are disclosed. A system for optimizing servicing fees for a set of loans may include a processing unit and a storage device coupled to the processing unit having stored therein information for configuring the processing unit to obt...

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Bibliographische Detailangaben
Hauptverfasser: Voth, David N, Simon, Peter A, Plotnick, Richard N, Youngman, Scott, Fulcher, Patricia D, Alvarez, Neiman, Huffman, Andrew, Harrell, Anne, Saad, George, Kane, Michael J
Format: Patent
Sprache:eng
Online-Zugang:Volltext bestellen
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Zusammenfassung:Systems and methods for optimizing servicing fees for a set of loans are disclosed. A system for optimizing servicing fees for a set of loans may include a processing unit and a storage device coupled to the processing unit having stored therein information for configuring the processing unit to obtain a minimum servicing fee and a maximum servicing fee, identify net benefits of increasing servicing fees for the loans in the set of loans, and iteratively adjust the servicing fee until the optimal servicing fee is attained.