Patent ID: 8626645

Claim:
A system for assessing lender performance, comprising: a computer system that comprises at least one computer processor; a computer data repository that stores loan data for each of a plurality of mortgage loans provided by a lender to borrowers, said loan data including borrower data and including actual loan term data that specifies actual loan terms, including actual pricing terms, offered to the respective borrowers; and a performance assessment module configured to be executed by the computer system, the performance assessment module configured to cause the computer system to assess lender performance by at least: generating, using a risk-based pricing model, reconstructed loan terms, including reconstructed pricing terms, for each of the plurality of loans, said reconstructed loan terms reflecting eligibilities of borrowers, said risk based-pricing model reflecting historical correlations between borrower attributes and loan defaults; for each of said loans, comparing the reconstructed loan terms to the corresponding actual loan terms, and generating a loan performance measure based on the comparison; and determining, based on the loan compliance measures for the plurality of loans, a lender performance measure reflective of how frequently the lender fails to offer borrowers the most favorable loan terms for which they qualify.