VEHICULAR GEOSPATIAL DATA BASED MEASUREMENT OF RISK ASSOCIATED WITH A SECURITY INTEREST IN A LOAN/LEASE PORTFOLIO
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
N/A
app pub date -
Dec 11, 2012
filing date -
Dec 2, 2011
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A method includes receiving, at a tracking server, geospatial location data of a vehicle at various points in time from a transmitter installed therein. The vehicle is associated with a borrower in a loan agreement or a lease agreement with a lending institution with regard to an asset. The method also includes determining a location of the vehicle and a pattern of usage thereof based on the geospatial location data received, permitting a financial entity server associated with the lending institution access to the location of the vehicle and the pattern of usage thereof, and determining an event based on the location of the vehicle and the pattern of usage thereof. Further, the method includes generating, through the tracking server, a risk score associated with a security interest in the asset and/or a loan/lease portfolio related to the asset based on a risk scoring methodology implemented therein.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully