Patent ID: 7756779
Filing Date: 2010-07-13
Classification: G06Q

Abstract:
1. A computer system configured to determine compliance with a delegated underwriting and servicing agreement between a mortgage seller and a mortgage purchaser relating to the sale of multifamily mortgage loans, the delegated underwriting and servicing agreement including a loss sharing provision, a servicing provision allowing the mortgage seller to retain servicing rights for the multifamily mortgage loans and a provision that the mortgage seller be adequately capitalized against risk for each multifamily mortgage loan, the system comprising: machine readable media having programmed instructions stored therein; a processor coupled to the machine readable media and operable to execute the programmed instructions, wherein the programmed instructions implement wherein the set of risk-based liquidity requirements comprises a separate liquidity requirement for each of the multifamily loans in the mortgage portfolio that is determined based on risk characteristics of the respective loan, the risk characteristics including a debt service coverage ratio and loan-to-value ratio of the respective loan.