METHOD AND APPARATUS FOR CONDUCTING LOAN REPURCHASE TRANSACTIONS
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United States of America Patent
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Issued Date -
Dec 4, 2014
app pub date -
Jul 11, 2014
filing date -
Aug 8, 2002
priority date (Note) -
Abandoned
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Abstract
Systems, methods, apparatus, computer program code and means for conducting repurchase transactions include identifying at least a first bank loan held by a first party. The at least first bank loan is transferred to a second party in exchange for a first sum, and the parties agree, at substantially the same time as the parties agree to the transfer, that the first party repurchases the first bank loan at a later date for a second sum. In some embodiments, reverse repurchases may also be performed.
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