PERFORMING AUTOMATED APPRAISALS WITH AUTOMATIC DETECTION AND REMEDIATION OF SITUATIONS INVOLVING FAULTY CHARACTERISTICS

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United States of America Patent

APP PUB NO 20150178795A1
SERIAL NO

14139167

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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Performing automated appraisals with automatic detection and remediation of situations involving faulty characteristics is disclosed. Property information characteristics are extracted from properties listed on electronic appraisals. For a subject property, faulty characteristics include the absence of characteristics, or errors in characteristics. Such faulty characteristics are those that would cause an automated appraisal of the given property to be invalid or unsuitable. In response to the detection of faulty characteristics, interfaces may solicit input addressing the faulty characteristic and upon remediation indicate a clean and complete characteristic set. Thereafter, automated appraisal of the subject property based on the clean characteristic set is initiated to provide an automated valuation of the subject property.

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Patent Owner(s)

Patent OwnerAddress
FANNIE MAE3900 WISCONSIN AVE NW WASHINGTON DC 20016-2892

International Classification(s)

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  • 2013 Application Filing Year
  • G06Q Class
  • 9604 Applications Filed
  • 6937 Patents Issued To-Date
  • 72.24 % Issued To-Date
Click to zoom InYear of Issuance% of Matters IssuedCumulative IssuancesYearly Issuances20132014201520162017201820192020202120222023202420250255075100

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Berry, Megan C Rockville, US 12 86
Meale, Felix G North Bethesda, US 6 32
Rosenblatt, Eric Derwood, US 44 281
Staal, Jesse Arlington, US 6 52
Tseng, Angela Germantown, US 5 31

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