Patent ID: 8438108

Claim:
A method for facilitating the sale of a loan, the loan having a loan asset and a service asset, the method comprising the steps of: receiving, by a computing system, a bid from one or more servicers for purchasing the servicing asset; receiving, by the computing system, a loan commitment selection from a lender; selecting, by the computing system, a servicer from the one or more servicers to match with a lender based upon a predefined set of criteria for selecting a servicer; generating, by the computing system, an all-in price, the all-in price including the price for purchasing the loan asset and the servicing asset; and disbursing, by the computing system, funds for purchasing the servicing asset from the selected servicer to the lender, the funds comprising a gross price associated with the selected servicer's bid less fees charged by the selected servicer, wherein the funds are disbursed after the servicer has been selected and 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, wherein closing of the loan occurs when a borrower signs a financial note associated with the loan and receives a deed to property associated with the loan.