Fintech Fridays w/ Pramod

Summary

In this episode of FinTech Fridays, Brian Vieaux speaks with Pramod Kollamparambil (PK) about the innovative platform Loanscape, which aims to streamline the broker onboarding process in the mortgage industry. They discuss the importance of leveraging LinkedIn for networking, the challenges faced by lenders, and how Loanscape addresses these issues through user-friendly technology and solid support. PK shares insights on customer involvement in product development and the future of the platform.

Takeaways

LinkedIn is a powerful tool for networking.

Authenticity is key in building connections.

Loanscape was born from a need to help lenders save money.

The onboarding process for brokers is often cumbersome.

User experience is crucial for technology adoption.

Solid support can alleviate lender burdens.

Automation can streamline document review processes.

Customer feedback is vital for product development.

Quality of brokers is becoming more important than quantity.

Publicly available data can enhance risk management.

Chapters

00:00 Introduction and LinkedIn

03:01 Introduction to Loanscape

07:24 Features of Loanscape

09:54 Streamlining the Onboarding Process

14:19 Exclusionary Lists and Monitoring

16:44 Customer Feedback and Product Development