COMPUTER SYSTEM FOR ACTIVELY MONITORING AND ENHANCING THE COLLATERAL SECURITY FOR A PORTFOLIO OF LOANS TO FACILITATE FINANCING AND SECURITIZATION

摘要

A computer system for monitoring and enhancing the collateral securityunderlying a set of loans is provided, including a system for calculating theunsecured value of the set at any time and for initiating additionalcollateral enhancement instruments when the unsecured value exceeds a certainlimit. The system may include a variety of modules in communication with arelational database for storing data about the loans and system elements. Thecomputer system may also be configured to allocate, manage, and execute thewaterfall or cascade of funds between and among the various participants in afinancial plan. The invention also includes a structured finance plan andrelated methods for enhancing the collateral security of a loan obtained for alife insurance or annuity product, and a system and method for managing aportfolio of such loans in order to obtain favorable financing and tofacilitate securitization.