Where Laminr sits on the map today and where the chart says to go. Scored separately from the industry view: Leverage — how much it reuses what you already hold (the extracted transaction set, the calculation engine, investor acceptance, the Encompass rails). Pull — how strongly lenders, investors and TPR firms want it. Moat — how much it deepens defensibility. Badges show which of the three buyers each move serves. One boundary holds throughout: the differentiator is scoring everything uploaded against investor and lender guidelines, and everything workflow-shaped ships into the LOS as a plugin — portals, pipelines and the system of record stay with the LOS, because those integrations are worth more than the features they would fund.
Opportunity landscape — where to spend the next build cycle
Every scored move, positioned by how much it reuses what you already hold against how much it deepens defensibility. Marker size is pull across the three buyer types; fill is current coverage state. The upper-right quadrant is where leverage and moat compound — that is the build queue.
The build queue — every move scoring 13+
The scatter gets crowded exactly where it matters most, so here is the ranked list: everything scoring 13+ on Laminr fit, in order. Most sit in the build-now quadrant; the tag on each row shows where it actually lands, because a move can reach 13+ from elsewhere on the map.
Reading the quadrants
Build now — high leverage, high moat
Reuses assets you already hold and makes you harder to replace. These should be the next things shipped; they are cheap relative to what they defend.
Fast follow — high leverage, lower moat
Cheap to add because the data is already there, but they do not deepen the position on their own. Worth shipping for account value and stickiness; not worth a roadmap fight.
Strategic bets — low leverage, high moat
Genuinely new capability or a new document domain. Expensive, and the case has to be made on the position it buys rather than on marginal cost.
Deprioritize — low leverage, low moat
Real problems on the map that someone should solve. Not you, not now.
Where the value sits, and where you sit in it
Rows are the 14 phases. Cell shading is the total industry opportunity score concentrated at that intersection — darker means more value at stake. The number is the step count. Coloured ticks under a number mark Laminr coverage in that cell. Switch the column dimension to ask a different question.
Every data object that moves, in the format it moves in, between whom, over what transport. Filter by channel or product above, or search for a format (MISMO, XLSX, PDF) to see where it dominates.
| Step | Data object | Format | Counterparty | Transport |
|---|
The points where the loan changes hands, changes format, or gets re-derived by a new organization. Ordered by stage. These are where latency, defects and duplicated cost concentrate.
Scored on three axes, 1–5 each. Friction: how painful and costly the status quo is. Reach: how many loans and parties it touches. Defensibility: how hard the resulting position is to displace once established.
Origination channels
Product types
Actor groups
How to read this map
The map is a cycle, not a line. Stage 14.8 feeds back into 1.2 and 8.1 — and today that return path runs through PDF bulletins, which is why the same defects recur for years.
Three organizations derive the same numbers. Qualifying income, DSCR and supported value are each computed independently by the originator (stage 8), the buyer at purchase review (12.4), and the TPR firm at diligence (13.4) — from the same documents, with no access to each other's reasoning. That structural redundancy is the largest single pool of waste on this map.
Delegation determines everything. The channel field set at 1.3 decides who underwrites, whose paper the loan closes on, when the buyer first sees the file, and whether a defect is curable or terminal.
The formats tell the story. Filter the data-flow view by format: MISMO appears at the 1003 and the eNote and almost nowhere else. Everything between is PDF and XLSX moving by email and portal upload.
Grounded in industry-standard non-agency practice as of mid-2026, including published third-party due diligence scopes and Form ABS-15G filings. Annotate where your actual process diverges and this becomes a map of your operation rather than the industry's.