Why we started
Loanscape was started out of necessity. We launched our flagship product, a counterparty risk and oversight platform, in 2024. The idea took shape during the rate hikes of 2022 and the year that followed, when lenders were carrying high expenses with too little revenue to support them.
That is when we ran into what we call the compliance paradox: if a lender did everything perfectly, it would cost more than the fines for getting it wrong. That seemed backwards to us.
The tools available did not help. Compliance software is dominated by legacy systems that served lenders at a point in time, or by manual workflows, because software to automate the work never existed. Compliance has long been treated as a cost center, so it has not attracted the kind of investment that chases outsized returns. Most of the innovation in mortgage has gone to the sales side of the business.
We believe there is a healthy business in supporting the compliance function with products that drive the cost of compliance down until it is lower than the cost of the fines. When that happens, being compliant becomes the default. When compliance is the default, our clients generate more revenue and keep more of it. If our clients generate more and keep more, our success follows as a by-product.
Today we offer two products:
We are always talking with lenders about the most pressing needs in their compliance workflows. If there is a product you want us to build, we would love to hear from you.
Talk is cheap. Let us show you.
We'd love to walk you through the product in a 60 minute demo and explore how we can solve this for you.