System and method for evaluating real estate transactions

1. A computer-implemented method for making a preliminary evaluation of a probability an investor will approve a real estate transaction comprising the steps of:

receiving by a computer identifying information for the real estate transaction from a customer comprising a product type, a collateral type, and a geographic market;

retrieving from a database coupled to the computer a scope parameter corresponding to at least one component of the received identifying information;

comparing by the computer the received identifying information and the scope parameter;

if the identifying information satisfies the scope parameter, receiving by the computer product specific information from the customer, the product specific information comprising an amount of the product, a product fee, and a collateral age, where the product specific information is related to the real estate transaction;

determining by the computer the probability that the real estate transaction will be approved based on the received product specific information; and

presenting the probability for the preliminary evaluation of the real estate transaction to the investor.

2. The method of claim 1 , wherein the product type is one selected from the group comprising on-book debt, equity, and mortgage-backed securities.

3. The method of claim 1 , wherein determining a probability that the transaction will be approved comprises:

calculating a loan size array;

calculating a minimum price curve;

calculating a maximum price curve;

calculating a proceed cutoff curve; and

determining a position of the amount of the product in relation to the minimum price curve, the maximum price curve, and the proceed cutoff curve.

4. A computer-implemented method for evaluating a real estate transaction comprising the steps of:

receiving by a computer identifying information for the real estate transaction from a customer comprising a product type, a collateral type, and a geographic market;

retrieving from a database coupled to the computer a scope parameter corresponding to at least one component of the received identifying information;

comparing by the computer the received identifying information and the scope parameter;

if the identifying information satisfies the scope parameter, receiving by the computer product specific information from the customer, the product specific information comprising an amount of the product, a product fee, and a collateral age, where the product specific information is related to the real estate transaction;

retrieving from a database coupled to the computer an impact parameter for each item of product specific information received;

calculating a total impact from each of the impact parameters for each item of product specific information; and

comparing the total impact to a predetermined strike zone hurdle and presenting the comparison to an investor.

5. The method of claim 4 , wherein the product type is one selected from the group comprising on-book debt, equity, and mortgage-backed securities.

6. A non-transitory computer-readable storage device storing computer-executable instructions for making a preliminary evaluation of a probability an investor will approve a real estate transaction comprising:

first instructions to receive by a computer identifying information for a real estate transaction from a customer comprising a product type, a collateral type, and a geographic market;

second instructions to retrieve from a database coupled to the computer a scope parameter corresponding to at least one component of the received identifying information;

third instructions to compare at the computer the received identifying information and the scope parameter;

fourth instructions, if the identifying information satisfies the scope parameter, to receive product specific information from the customer, the product specific information comprising an amount of the product, a product fee, and a collateral age, where the product specific information is related to the real estate transaction;

fifth instructions to determine by the computer the probability that the real estate transaction will be approved based on the received product specific information; and

sixth instructions to present the probability for the preliminary evaluation of the real estate transaction to the investor.

7. The computer-readable medium of claim 6 , wherein the product type is one selected from the group comprising on-book debt, equity, and mortgage-backed securities.

8. The computer-readable medium of claim 6 , wherein the fifth instructions to determine the probability that the transaction will be approved further comprise:

seventh instructions to calculate a loan size array;

eighth instructions to calculate a minimum price curve;

ninth instructions to calculate a maximum price curve; tenth instructions to calculate a proceed cutoff curve; and

eleventh instructions to determine a position of the amount of the product in relation to the minimum price curve, the maximum price curve, and the proceed cutoff curve.

9. A non-transitory computer-readable storage device storing computer-executable instructions for evaluating a real estate transaction comprising:

first instructions to receive by a computer identifying information for the real estate transaction from a customer comprising a product type, a collateral type, and a geographic market;

second instructions to retrieve from a database coupled to the computer a scope parameter corresponding to at least one component of the received identifying information;

third instructions to compare at the computer the received identifying information and the scope parameter;

fourth instructions, if the identifying information satisfies the scope parameter, to receive product specific information from the customer, the product specific information comprising an amount of the product, a product fee, and a collateral age, where the product specific information is related to the real estate transaction identifying information;

fifth instructions to retrieve from a database coupled to the computer an impact parameter for each item of product specific information received;

sixth instruction to calculate a total impact from each of the impact parameters for each item of product specific information; and

seventh instructions to compare the total impact to a predetermined strike zone hurdle and presenting the comparison to an investor.

10. The computer-readable medium of claim 9 , wherein the product type is one selected from the group comprising on-book debt, equity, and mortgage-backed securities.

11. A system for evaluating a real estate transaction comprising:

a server computer coupled to a client computer via a computer network;

a data source coupled to the server computer;

a transaction evaluator software module stored and running on the server computer and operable for:

receiving identifying information for the real estate transaction from the client computer, where the identifying information includes a product type, a collateral type, and a geographic market;

retrieving from the data source coupled to the server computer a scope parameter corresponding to at least one component of the received identifying information;

comparing by the server computer the received identifying information and the scope parameter;

if the identifying information satisfies the scope parameter, receiving by the server computer product specific information from the client computer, the product specific information comprising an amount of the product, a product fee, and a collateral age, where the product specific information is related to the real estate transaction;

determining by the server computer a probability that the real estate transaction will be approved based on the received product specific information; and

transmitting the probability for a preliminary evaluation of the real estate transaction to the client computer.

12. The system of claim 11 , wherein the client computer is operated by a loan originator.

13. The system of claim 11 , wherein the client computer is operated by a customer.

14. A system for evaluating a real estate transaction comprising:

a server computer coupled to a client computer via a computer network;

a data source coupled to the server computer;

a transaction evaluator software module stored and running on the server computer and operable for:

receiving identifying information for the real estate transaction from the client computer, where the identifying information includes a product type, a collateral type, and a geographic market;

retrieving from the data source coupled to the server computer a scope parameter corresponding to at least one component of the received identifying information;

comparing at the server computer the received identifying information and the scope parameter;

if the identifying information satisfies the scope parameter, receiving by the server computer product specific information from the client computer, the product specific information comprising an amount of the product, a product fee, and a collateral age, where the product specific information is related to the real estate transaction;

retrieving from the data source coupled to the server computer an impact parameter for each item of product specific information;

calculating a total impact from each of the impact parameters for each item of product specific information; and

comparing the total impact to a predetermined strike zone hurdle and transmitting the comparison to the client computer.

15. The system of claim 14 , wherein the client computer is operated by a loan originator.

16. The system of claim 14 , wherein the client computer is operated by a customer.