Patent ID: 8719151
Filing Date: 2014-05-06
Classification: G06Q

Abstract:
1. A method for providing loan resolution modeling, the method comprising: identifying, via a computing device processor, a current loan state for one or more financial institution loan accounts; identifying, via a computing device processor, for each of the one or more loan accounts, a current loan state grouping from amongst a plurality of current loan state groupings; and predicting, via a computing device processor, a future loan state for each of the one or more financial institution loan accounts based on (i) the current loan state, (ii) the identified current loan state grouping, and (iii) historical loan account-specific data, wherein the future loan state is for a predetermined time interval and wherein Discrete Event Simulation processing is implemented to determine the future loan state; wherein predicting the future loan state further comprises predicting, via the computing device processor, the future loan state based on one or more predictive dynamic loan variables, wherein the predictive dynamic loan variables include one or more of interest rates, unemployment rates, market-to-market combined loan-to-value, loan age, home price index, home price momentum or payment shock.