US Patent Issued to FEDERAL HOME LOAN MORTGAGE CORPORATION (Freddie Mac) on July 15 for "Systems and methods for selecting loan payment terms for improved loan quality and risk management" (Virginia Inventors)

ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,478, issued on July 15, was assigned to FEDERAL HOME LOAN MORTGAGE CORPORATION (Freddie Mac) (McLean, Va.).

"Systems and methods for selecting loan payment terms for improved loan quality and risk management" was invented by Sachin Dharmadhikari (Bristow, Va.) and Ganesh Krishnamoorthy (Fairfax, Va.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and computer-readable media are disclosed for selecting loan payment terms for improved loan quality and risk management. An exemplary embodiment includes storing first loan data corresponding to a first loan to a first borrower. The first loan may have been funded based on an initial finan...