Patent ID: 8010377
Filing Date: 2011-08-30
Classification: G06Q

Abstract:
1. A computer-implemented method for generating a computer-executable model that indicates the likelihood that an appraisal value of a property is faulty, the computer-implemented method comprising the steps of: receiving, by a computer system, first historical information for a plurality of loans, the first historical information including borrower information, loan information, and property information from a first source; receiving, by the computer system, second historical information for a plurality of loans, the second historical information including borrower information, loan information, and property information from a second source determining, by the computer system, coefficients for variables used in the model by processing the received first and second historical information from the first source and the second source; and generating, by the computer system, the model using the determined coefficients, wherein the model indicates the likelihood that an appraisal value of a property is faulty.