Patent ID: 7941366

Claim:
A computer-implemented method of issuing securities backed by one or more single sliding equity mortgages, said method comprising: securing at least one of the single sliding equity mortgages with a maximum amount of debt, each single sliding equity mortgage constituting the only mortgage for a property; issuing, using a computer, securities backed by an initial amount of debt that is less than the maximum amount of debt for the at least one single sliding equity mortgage; determining, using the computer, that a second amount of debt has been secured with the at least one single sliding equity mortgage subsequent to origination of the at least one single sliding equity mortgage; and issuing, using the computer, securities backed by the second amount of debt, wherein: the maximum amount of debt associated with the at least one single sliding equity mortgage is dynamic and changes dynamically after the closing based on appreciation or depreciation of an underlying asset associated with the at least one single sliding equity mortgage.