Mark David Hanson - Potomac MD, US Marian J. Gora - Boca Raton FL, US Menner Abdullatief Tatang - Great Falls VA, US Kalpana Rumburg - Great Falls VA, US Xiaolan Pang - Thousand Oaks CA, US Philip Martin Dunn - Vienna VA, US
Assignee:
Federal Home Loan Mortgage Corporation - McLean VA
International Classification:
G06F 40/00
US Classification:
705 38, 705 37
Abstract:
Systems, methods, and computer program products are provided for directing cash flows associated with a mortgage-backed security to back other securities without collapsing the original mortgage-backed security. A mortgage-backed security/an/or a set of loans is analyzed to identify cash flows from mortgages having specific desirable characteristics, and the cash flows are directed to subgroups or pools that support new mortgage-backed securities. The new securities make the desirable cash flows available to an issuer or prospective investor without collapsing the original mortgage-backed security.