Patent ID: 7747526

Claim:
A computer-implemented system for facilitating sale of a mortgage loan, the mortgage loan having a loan asset and a servicing asset, the system comprising: machine-executable instructions stored in memory, the machine-executable instructions being executable by a machine to implement logic including: committing logic configured to receive a loan commitment from a lender; servicing execution logic coupled to the committing logic, the servicing execution logic being configured to receive servicing-released pricing from one or more servicers for purchasing the servicing asset of the loan from the lender, the servicing execution logic being further configured to select one of the one or more servicers as a purchaser for a servicing asset of the mortgage loan from the lender based upon parameters specified by at least one of the lender or the servicers; and funding logic configured to disburse net servicing-released pricing funds for the servicing asset from the selected servicer to the lender, the net servicing-released pricing funds comprising gross servicing-released pricing funds less escrows and fees charged by the selected servicer, the funding logic configured to disburse the net servicing-released pricing funds after closing of the loan such that the selected servicer and not the lender supports and manages the servicing asset after closing of the loan.