PATENT CLAIM ANALYSIS

Application Number: 15879244
Application Type: Utility
Filing Date: 2018-01
Publication Date: 2019-03
Patent Classification: ["705", "037000"]

Abstract:
The disclosure relates to structures and methods for securitization of tax-exempt bonds and loans by a non-municipal originator. The structures and methods are constructed in such a way to create tax-exempt status for the interest on newly-issued debt instruments, thereby enhancing the efficiency of prior financial structures and mechanisms. The methods involve an issuer authorized to issue tax-exempt bonds issuing debt instruments secured and paid by pooled tax-exempt bonds and/or loans purchased from a non-municipal entity. The issuer or another municipality retains an equity interest in the pooled bonds.

Claim (Index 21):
The system of  claim 20 , wherein the at least one computer processor is further configured to\n upon calculation that offers have been received for all portions of the debt and equity tranches, communicate to each originator a confirmation to purchase, not later than a purchase closing date, each debt obligation owned by that seller at a purchase price, communicate to each investor which made an offer a conformation to sell, not later than a sale closing date, each portion of it debt or equity tranche of the STENO series for which an offer was received from that investor, and communicate to an issuer authorized to issue tax-exempt bonds a confirmation to issue, not later than an issue closing date, the proposed STEMP series to the corresponding investors.

Metadata:
- Claim Count in Document: 59.0
- Percentile: 86.0
- Lexical Diversity: 1.67857
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['11888965', '11679607', '10112640', '10677172', '10990160']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1291287777982524
- 35 USC 102 Novelty (BERT): 0.5372493524726705
- Combined Prediction Score: 0.1699408352656942
- Mean Citation Score: 335.655552
- Max Citation Score: 364.98444
- Similarity Product: 234.12333275902748

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test