Meridian Capital Group, one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors, announced that Freddie Mac lenders may resume requesting quotes for Meridian-brokered loans beginning on Jan. 1, 2025. The company has taken several important steps to enhance the firm’s compliance framework in its brokerage and underwriting activities and procedures.
“We are excited about our reinstated ability to offer our clients agency lending options and we believe our efforts to create a best-in-class approach to compliance will set the tone for the commercial mortgage brokerage industry,” said Meridian CEO Brian Brooks. “For more than 30 years, Meridian has built its business on integrity and transparency, and we’re committed to continuing to build on our foundation of unparalleled experience and market intelligence in the service of our clients.”
Meridian has developed an entirely new credit review process with a chief underwriting officer function and an executive review committee for large loans, complex transactions and loans originated for sale to Freddie Mac and Fannie Mae. The company has also taken additional steps to strengthen its culture of compliance, including creating several new management roles centered on compliance and risk management.
