| GENERAL ROYALTY CAPITAL COMPANY Patent applications |
| Patent application number | Title | Published |
|---|
| 20100241462 | Loss Mitigation Fulfillment - Included are embodiments for fulfilling a loss mitigation instrument. At least one embodiment of a method includes receiving, by a computing device, an indication of a claim on a loss mitigation instrument, the loss mitigation instrument configured to facilitate payment in the event a lessee of a property defaults on a lease payment due to a predetermined cause to the lessee, as defined by the loss mitigation instrument; determining, by the computing device, whether the claim is related to a valid loss mitigation instrument; determining, by the computing device, whether the lessee has defaulted on the lease payment due to the predetermined cause, as defined by the loss mitigation instrument, which would be covered by the loss mitigation instrument; and in response to a determination that the lessee defaulted on the lease payment due to the a predetermined cause, as defined by the loss mitigation instrument, authorizing, by the computing device, payment pursuant to the loss mitigation instrument. | 09-23-2010 |
| 20100241461 | Loss Mitigation Analysis - Included are embodiments for analyzing data for a loss mitigation instrument. At least one embodiment of a method includes receiving, by a computing device, information regarding a loss mitigation instrument application for a loss mitigation instrument, the loss mitigation instrument configured to facilitate payment in the event a lessee of the loss mitigation instrument application defaults on a lease payment due to a predetermined cause as defined in the loss mitigation instrument; receiving, by the computing device, general data regarding lessees and lessors to determine at least one piece of lease default information; receiving, by the computing device, specific historical data regarding the lessee; and determining, by the computing device, from the at least one piece of lease default information and the specific historical data regarding the lessee, a likelihood of the lessee defaulting on the lease, where the likelihood is utilized to determine whether the loss mitigation instrument application is accepted. | 09-23-2010 |
| 20100241460 | Loss Mitigation - Included are embodiments for providing a loss mitigation instrument. At least one embodiment of a method includes providing, by a computing device, an interface for a party to a lease of property to apply for a loss mitigation instrument; receiving, by the computing device, information from the party to the lease regarding the lessee and the property; determining, by the computing device, terms for the loss mitigation instrument based on the received information, where the loss mitigation instrument is configured to provide for payment on a claim for default on a lease by the lessee, where the default results from a predetermined cause to the lessee; and providing, by the computing device, the loss mitigation instrument to the party to the lease. | 09-23-2010 |
