Peter Sesterhenn resumes & CV records
Resumes
Cfo - Consumer And Mortgage Lending At Hsbc
Location:
Greater Chicago Area
Industry:
Financial Services
Peter A Sesterhenn Deceased1220 Canterbury Cir, Libertyville, IL 60048
Peter Sesterhenn Phones & Addresses
1220 Canterbury Cir, Libertyville, IL 60048 847-5496067
436 E Sunnyside Ave, Libertyville, IL 60048 815-3600174 847-5496067
214 N Butterfield Rd, Libertyville, IL 60048 847-4597142
2008 Madison Ave, Gurnee, IL 60031 708-3600174
810 Audubon Way #419, Lincolnshire, IL 60069 847-4780934
Huntley, IL
Lane, IL
Raymond, ME
Social networks
Peter A Sesterhenn
Linkedin
Industries
Financial Services
Mentions for Peter A Sesterhenn
Publications & IP owners
Us Patents
Methods And Systems For Proactive Loan Modification
US Patent:
2011002, Jan 27, 2011
Filed:
Feb 17, 2010
Appl. No.:
12/707067
Inventors:
Grant F. Miles - Salinas CA, US
Shelley C. Turner - Elmhurst IL, US
Richard M. Bair - Lisle IL, US
Roy M. Witt - Charlotte NC, US
Peter A. Sesterhenn - Libertyville IL, US
Manping Wang - Portland OR, US
Jin Peng - San Jose CA, US
Ozgen Sayginsoy - Lisle IL, US
Michael A. Beene - Rolling Meadows IL, US
Nikhil N. Mehra - Chicago IL, US
Ian J. Rehmert - Oak Park IL, US
Shelley C. Turner - Elmhurst IL, US
Richard M. Bair - Lisle IL, US
Roy M. Witt - Charlotte NC, US
Peter A. Sesterhenn - Libertyville IL, US
Manping Wang - Portland OR, US
Jin Peng - San Jose CA, US
Ozgen Sayginsoy - Lisle IL, US
Michael A. Beene - Rolling Meadows IL, US
Nikhil N. Mehra - Chicago IL, US
Ian J. Rehmert - Oak Park IL, US
International Classification:
G06Q 40/00
US Classification:
705 36 R
Abstract:
Embodiments of the invention include a computer implemented method for automatically modifying the terms of a plurality of mortgages within a portfolio of mortgages, such that, monthly payments for the plurality of mortgages are reduced. The method includes calculating a current net present value for each of the mortgages in the portfolio of mortgages. The method also includes calculating a plurality of future net present values for each of the mortgages in the portfolio, each future net present value corresponding to one set of modified loan terms. The method also includes selecting the largest calculated future net present value. The method also includes automatically modifying the loan terms of each of the plurality of mortgages where the largest future net present value is greater than the current net present value. Loan terms are modified to correspond to the modified loan terms resulting in the largest net present value.
Methods And Systems For Proactive Loan Modification
US Patent:
2013016, Jun 27, 2013
Filed:
Feb 19, 2013
Appl. No.:
13/770009
Inventors:
HSBC FINANCE CORPORATION - Mettawa IL, US
Shelley Christine TURNER - Elmhurst IL, US
Richard Michael BAIR - Lisle IL, US
Roy Michael WITT - Charlotte NC, US
Peter Allen SESTERHENN - Libertyville IL, US
Manping WANG - Portland OR, US
Jin PENG - San Jose CA, US
Ozgen SAYGINSOY - Lisle IL, US
Michael Andrew BEENE - Rolling Meadows IL, US
Nikhil Nitin MEHRA - Chicago IL, US
Ian Jon REHMERT - Oak Park IL, US
Shelley Christine TURNER - Elmhurst IL, US
Richard Michael BAIR - Lisle IL, US
Roy Michael WITT - Charlotte NC, US
Peter Allen SESTERHENN - Libertyville IL, US
Manping WANG - Portland OR, US
Jin PENG - San Jose CA, US
Ozgen SAYGINSOY - Lisle IL, US
Michael Andrew BEENE - Rolling Meadows IL, US
Nikhil Nitin MEHRA - Chicago IL, US
Ian Jon REHMERT - Oak Park IL, US
Assignee:
HSBC FINANCE CORPORATION - METTAWA IL
International Classification:
G06Q 40/02
US Classification:
705 38
Abstract:
Embodiments of the invention include a computer implemented method for automatically modifying the terms of a plurality of mortgages within a portfolio of mortgages, such that, monthly payments for the plurality of mortgages are reduced. The method includes calculating a current net present value for each of the mortgages in the portfolio of mortgages. The method also includes calculating a plurality of future net present values for each of the mortgages in the portfolio, each future net present value corresponding to one set of modified loan terms. The method also includes selecting the largest calculated future net present value. The method also includes automatically modifying the loan terms of each of the plurality of mortgages where the largest future net present value is greater than the current net present value. Loan terms are modified to correspond to the modified loan terms resulting in the largest net present value.
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