Patent ID: 8065207

Claim:
A computer-implemented method for servicing a guarantee certificate, the computer-implemented method comprising the steps of: pooling, using a computer system, real estate loans into a reference pool; issuing a guarantee certificate, which is a financial instrument representing an obligation of a party to make payments triggered by certain default-related events involving a real estate loan; applying, by the computer system, a payout formula that is: determined by modeling a separate loan pool; applied to the payments triggered by certain default-related events involving the real estate loans in the reference pool according to the obligation; and associated with a conveyable guarantee certificate that entitles its holder to receive at least one payment that comes from funds not attributable to the assets in the reference pool and is determined by the payout formula when triggered by the certain default-related events; and outputting, by the computer system, instructions to make at least one payment for the guarantee certificate based on the payout formula.