Pamela W Sims

US Patent:

7340431, Mar 4, 2008

Filed:

Dec 30, 2002

Appl. No.:

10/330212

Inventors:

Douglas Alexander John McManus - Bethesda MD, US
Asim Husain - Fairfax VA, US
Pamela Williams Sims - Arlington VA, US
Robert LaVerne Parson - Ashburn VA, US
Limin Fu - Bethesda MD, US

Assignee:

Federal Home Loan Mortgage Corporation (Freddie Mac) - McLean VA

International Classification:

G06Q 40/00

US Classification:

705 37, 705 36 R, 705 35, 705 15

Abstract:

Systems and methods are provided for analyzing a set of assets. Generally, a distribution is computed for a characteristic of assets, setting a range in a tail of the distribution and partitioning the range into at least one partition. Subsequently, a multiplier is assigned to each partition, wherein the multiplier represents how the characteristics affect the risk associated with an asset. These multipliers can be used in a risk analysis.

US Patent:

7451095, Nov 11, 2008

Filed:

Oct 30, 2002

Appl. No.:

10/283339

Inventors:

Michael G. Bradley - Potomac MD, US
J. Douglas Gordon - Arlington VA, US
Pamela W. Sims - Arlington VA, US

Assignee:

Freddie Mac - McLean VA

International Classification:

G06Q 10/00
G06Q 40/00

US Classification:

705 1, 705 38

Abstract:

Systems and methods consistent with the present invention provide a score indicating that a stated income is likely to be faulty. In one embodiment, a method includes receiving information representative of the stated income and determining the score based on the received information and a model, such that the score indicates a likelihood that the stated income is faulty.

US Patent:

7693764, Apr 6, 2010

Filed:

Jul 16, 2004

Appl. No.:

10/892392

Inventors:

J. Douglas Gordon - Arlington VA, US
Pamela W. Sims - Arlington VA, US
Aohua Chen - Herndon VA, US

Assignee:

Federal Home Loan Mortgage Corporation - McLean VA

International Classification:

G06Q 40/00

US Classification:

705 35, 705 38, 705 39

Abstract:

Systems and methods consistent with the present invention provide an indication of whether a mortgage loan is likely to involve property value fraud, such as a property involved in mortgage flipping. In one embodiment, a method includes receiving information representative of the property, the information including foreclosure information on the property and a rate of foreclosures corresponding to a region in which the property is located; and determining an indication based on one or more rules and the received information, the indication representative of a likelihood that the mortgage loan application involves property value fraud.

US Patent:

7797166, Sep 14, 2010

Filed:

Oct 30, 2002

Appl. No.:

10/283338

Inventors:

Michael G. Bradley - Potomac MD, US
J. Douglas Gordon - Arlington VA, US
Pamela W. Sims - Arlington VA, US

Assignee:

Federal Home Loan Mortgage Corporation (Freddie Mac) - McLean VA

International Classification:

G06Q 10/00

US Classification:

705 11, 705 35

Abstract:

Systems and methods consistent with the present invention generate a model for providing one or more scores indicating a likelihood that a stated income is faulty. In one embodiment, the method includes, for example, receiving information representative of at least one borrower; receiving a first income value for the at least one borrower; and receiving a second value for the at least one borrower, such that the second income value verifies the first income value. Moreover, the method includes determining one or more parameters for the model based on the received information, the received first income value, and the received second income value, such that the one or more parameters enable the model to provide the one or more scores.

US Patent:

7835919, Nov 16, 2010

Filed:

Mar 12, 2002

Appl. No.:

10/094806

Inventors:

Michael G. Bradley - Potomac MD, US
J. Douglas Gordon - Arlington VA, US
Pamela W. Sims - Arlington VA, US
Douglas A. McManus - Bethesda MD, US
Morgan C. Snyder - Clifton VA, US

Assignee:

Freddie Mac - McLean VA

International Classification:

G06Q 10/00
G06Q 40/00

US Classification:

705 11, 705 35

Abstract:

Systems and methods are provided for providing an indication that an appraisal value for a property is likely to be faulty using a model. In one embodiment, a method includes receiving information representative of at least one of a borrower, a property, or one or more demographics; receiving the appraisal value of the property; and determining a score based on the received information, received appraisal, and the model, such that the score provides the indication of the likelihood that the appraisal value for the property is faulty.

US Patent:

8010377, Aug 30, 2011

Filed:

Oct 29, 2007

Appl. No.:

11/976886

Inventors:

Michael G. Bradley - Potomac MD, US
J. Douglas Gordon - Arlington VA, US
Pamela W. Sims - Arlington VA, US
Douglas A. McManus - Bethesda MD, US
Morgan C. Snyder - Clifton VA, US

Assignee:

Federal Home Loan Mortgage Corporation (Freddie Mac) - McLean VA

International Classification:

G06Q 10/00

US Classification:

705 11, 705 35, 705306

Abstract:

Systems and methods are provided for generating a model for providing one or more scores indicating a likelihood that an appraisal value is faulty. In one embodiment, a method includes receiving information representative of at least one of a borrower, a property, or one or more demographics; receiving a first appraisal value of the property; receiving a second appraisal value of the property, such that the second appraisal verifies the first appraisal; and determining one or more parameters for the model based on the received information, the received first appraisal value, and the received second appraisal value, such that the one or more parameters enable the model to provide the one or more scores.

US Patent:

8386395, Feb 26, 2013

Filed:

Apr 28, 2005

Appl. No.:

11/116325

Inventors:

J. Douglas Gordon - Arlington VA, US
Pamela W. Sims - Arlington VA, US
Aohua Chen - Herndon VA, US
Michael G. Bradley - Chesterfield MO, US

Assignee:

Federal Home Loan Mortgage Corporation (Freddie Mac) - McLean VA

International Classification:

G06Q 50/00
G06Q 40/00

US Classification:

705313, 705316, 705 4, 705 35

Abstract:

Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.

US Patent:

8401868, Mar 19, 2013

Filed:

May 11, 2010

Appl. No.:

12/777763

Inventors:

Michael G. Bradley - Potomac MD, US
J. Douglas Gordon - Arlington VA, US
Pamela W. Sims - Arlington VA, US

Assignee:

Freddie Mac - McLean VA

International Classification:

G06Q 10/00
G06Q 40/00

US Classification:

705 11, 705 35

Abstract:

Systems and methods consistent with the present invention generate a model for providing one or more scores indicating a likelihood that a stated income is faulty. In one embodiment, the method includes, for example, receiving information representative of at least one borrower; receiving a first income value for the at least one borrower; and receiving a second value for the at least one borrower, such that the second income value verifies the first income value. Moreover, the method includes determining one or more parameters for the model based on the received information, the received first income value, and the received second income value, such that the one or more parameters enable the model to provide the one or more scores.