Is a
Patent attributes
Patent Jurisdiction
Patent Number
Patent Inventor Names
Steven J. Holden0
Allen Wong0
Eric Rosenblatt0
Milton P. Reid, III0
Date of Patent
June 15, 2010
0Patent Application Number
118754040
Date Filed
October 19, 2007
0Patent Primary Examiner
Patent abstract
A system and method of detecting potential fraud in connection with mortgage loan lending, where a first group made up of a plurality of mortgage loans is utilized to calculate a representative value associated with a loan-related event. A second group also made up of a plurality of mortgage loans is utilized to calculate a predicted representative value associated with the same loan-related event. The actual and predicted representative values are compared to determine a deviation value. If the deviation exceeds a predetermined threshold, an output indicating potential fraud is generated.
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