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Stock impact report

MeridianLink Technology Drives Efficiency and Enhances Customer Experience for Broadway Bank, Reducing Loan Processing Time by Up to Six Days

MeridianLink, Inc. (MLNK) 
US:NASDAQ Investor Relations: investor.moduslink.com
Company Research Source: Business Wire
The San Antonio-Based Bank Speeds Up Decisioning, Boosting Banker Efficiency and Client Satisfaction COSTA MESA, Calif.--(BUSINESS WIRE)--MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced Broadway Bank has achieved significant efficiency gains and an enhanced customer experience through the implementation of MeridianLink® Mortgage. By automating routine backend tasks and streamlining the application and decisioning process, Broadway Bank has reduced its loan processing time by up to six days, improving both banker productivity and client satisfaction.Prior to MeridianLink Mortgage, Broadway Bank loan officers were responsible for the input and accuracy of closing costs on loan estimates, as well as disclosing fees to clients. With MeridianLink Mortgage, all operations are centralized under one loan origination system (LOS), facilitating real-time messaging with borrowers, and Show less Read more
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