Scott Falbo’s leadership as Chief Technology Officer and Co-founder at LenderLogix has consistently driven innovation within the housing industry. He has spearheaded integrations with key verification providers, streamlining the loan approval process and improving lenders’ speed, accuracy and cost-efficiency. His forward-thinking approach has helped clients achieve remarkable conversion rates and operational improvements, making him a key player in advancing mortgage technology.
Utility remains at the core of every new product developed under Falbo’s leadership. In addition to helping lenders achieve consistent conversion rates north of 50% via LiteSpeed despite a down market, he drove integrations with two verification providers — Truv and AccountChek by Informative Research. These helped streamline the underwriting process by, for example, enabling lenders to obtain key verifications at the point of application and pre-close employment verifications. Using direct-to-source income and employment verification via these consumer-permissioned platforms not only enhances speed and accuracy but also delivers significant cost savings and lowers overall loan processing expenses. Additionally, the automation speeds up loan approvals, allowing lenders to close loans faster and optimize their operational throughput.
He has also been a key contributor to the Mortgage Bankers Association (MBA) Residential Technology Committee, where he plays an active role in shaping the future of mortgage technology. His participation in the committee has provided a platform to collaborate with other industry leaders and influence innovative standards that drive the digital transformation of the mortgage sector. Falbo’s insights have been instrumental in aligning technological advancements with lender needs, particularly around automation and improving the borrower experience, positioning him as a thought leader within both his company and the broader industry.
Name:
Scott Falbo
Title:
Chief Technology Officer and Co-founder
Company Name:
LenderLogix
