Patent ID: 7191148

Claim:
A method implemented by a programmed computer system for structuring a state revolving fund bond program, wherein the state revolving fund bond program includes at least one bond, the method comprising: inputting to the computer system data regarding a pledge of borrower loan payments associated with at least one loan; primarily securing each bond associated with the state revolving fund bond program by the pledge of borrower loan payments; inputting to the computer system data regarding a limited recourse general obligation; secondarily securing each bond associated with the state revolving fund bond program by the limited recourse general obligation; inputting to the computer system data regarding a corpus allocation corresponding to each loan; excluding the corpus allocation corresponding to each loan from being available to meet the limited recourse general obligation; inputting to the computer system data regarding earnings from the corpus allocation corresponding to each loan; and paying earnings from the corpus allocation corresponding to a given loan to a borrower associated with the given loan.