Meridian Capital Group, a top commercial real estate finance, investment sales and retail leasing advisory firm in the country, has announced that starting January 1st of 2025, Freddie Mac lenders will once again be able to request quotes for loans brokered by Meridian. This comes after the company has implemented significant measures to improve their compliance framework in both their brokerage and underwriting activities.
According to CEO Brian Brooks, “We are thrilled about being able to offer our clients agency lending options once again. We believe that our efforts towards creating a best-in-class approach to compliance will set the standard for the entire commercial mortgage brokerage industry.” With over three decades of experience built on integrity and transparency as its foundation, Meridian is committed to continuing its tradition of providing unparalleled market intelligence and expertise in serving its clients.
Among these measures is an entirely new credit review process with a chief underwriting officer function as well as an executive review committee specifically for large loans, complex transactions and loans originated for sale to Freddie Mac or Fannie Mae. Additionally,the company has also made several new management roles focused on compliance and risk management in order further strengthen their culture of compliance.
In summary:
Meridian Capital Group announces reinstatement into Freddie Mac loan market effective Jan. 1st ,2025 following implementation of enhanced compliance framework including new credit review process with dedicated leadership roles focused on risk management .
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