Zoot announces automated negotiation system – NMP Skip to main content

Zoot announces automated negotiation system

Jun 05, 2008

Mortgage Grader receives U.S. patentMortgagePress.comMortgage Grader, U.S. patent, online loan approvals, Jeff Lazerson Mortgage Grader has announced that the United States Patent and Trade Office has granted it patent number 7,366,694. The patent describes various features of Mortgage Grader's current and upcoming shopping service available at www.mortgagegrader.com. Mortgage Grader plans to provide anonymous, online loan approvals, guaranteed interest rates and settlement costs, delivered in seconds to all of America. Creating comparable, simple-to-understand, transparent mortgage market offerings insures price competition. Mortgage Grader's goal is to expose and provide fairness in the mortgage process to the consumers' advantage, saving American buyers and refinancers billions of dollars every year on interest rates and closing costs. Mortgage Grader's innovation will provide consumer privacy, information transparency and objective credit grading, resulting in fairness for all. This is a watershed moment for America's communities who have been victimized by wolves dressed in lambs clothing, grossly overcharging for the true cost of credit and settlement costs. There will soon be a truly safe marketplace, void of discriminatory and predatory lending practices. "All borrowers, regardless of education or prior experience, will have direct access to mortgages, just like online travel, ending their dependence on commission driven mortgage brokers and bank loan officers," said Jeff Lazerson, president of Mortgage Grader. "Mortgage Grader offers fair-minded lenders a responsible lending channel to increase their customer count," added Mr. Lazerson. For more information, visit www.mortgagegrader.com.
About the author
Published
Jun 05, 2008
More from
Tech
Blue Sage Expands SageVision, UW Studio, Voice AI Capabilities

Latest updates bring embedded AI automation to lending and servicing workflows

Jun 18, 2026
Mortgage AI Startup Copperlane Lands $4.1M Seed Round

Startup's AI assistant, Penny, aims to automate document collection, borrower follow-up, and file review before loans reach underwriting

Jun 18, 2026
Pennymac Expands AWS Partnership To Deploy AI Borrower Assistant

Lender says conversational AI will support borrower outreach and application workflows while accelerating cloud modernization of Plaisse

Jun 16, 2026
Ardley Launches Self-Service Platform For Mortgage Portfolio Growth

New platform lets lenders and servicers adjust pricing, borrower journeys and outreach campaigns directly

Jun 15, 2026
Lorien AI Integrates With MeridianLink Mortgage

Integration brings conversational AI, document analysis, and underwriting guidance directly into the loan origination workflow

Jun 15, 2026
More Than Half Of Buyers Say They'd Purchase A Home Without Human Help

Veterans United survey highlights growing consumer trust in AI-powered mortgage guidance, lender shopping, and document management

Jun 12, 2026