Meridian, Freddie Mac
Freddie Mac opens up to Meridian again — but with a catch
Ralph Herzka’s firm can broker deals that pass through the government-sponsored enterprise, but there are strings attached.
Freddie Mac to End Blacklist of Real-Estate Broker Meridian
Meridian Capital Group will resume business with Freddie in January, more than a year after it was banned in response to allegations that some of its brokers falsified client financials to get bigger loans.
Mortgage Broker Meridian Will Be Freed From Freddie Mac Ban
Mortgage broker Meridian Capital Group will be freed from a Freddie Mac ban months after Freddie stopped buying loans handled by the firm amid an industrywide crackdown on fraud.
Freddie Mac To Lift Blacklist On Meridian Capital Group, Add New Guardrails
Brooks, a former financial regulator, was hired as CEO in March, replacing the firm’s founder, Ralph Herzka. The brokerage announced measures to tighten its due diligence processes during the leadership transition and brought in a chief risk officer, Melissa Martinez, in June.
Freddie Mac Lifts Agency Dealmaking Ban on Meridian Capital Group
CEO Brian P. Brooks announced in a company memo that the brokerage can place deals through Freddie Mac beginning in January 2025
Freddie Mac to End Blacklist of Real-Estate Broker
Freddie Mac is set to end its blacklist of Meridian Capital Group after the real-estate broker overhauled its risk and controls, signaling the type of requirements the rest of the industry could soon face as regulators ramp up a broader fraud crackdown.
National Mortgage News1h
How the economy is impacting mortgage credit offerings
Reversing a year-ago trend, the U.S. economy and plateauing interest rates led to credit tightening in September, the ...
As Mortgage Rates Rise to 6.32%, 'Further Progress May Be Needed To Grease the Wheels'
The post As Mortgage Rates Rise to 6.32%, 'Further Progress May Be Needed To Grease the Wheels' appeared first on Real Estate ...
The Daily Record (Maryland)1dOpinion
Meridian Capital Group scheduled to reenter Freddie Mac loan market
Meridian Capital Group announced Freddie Mac lenders may resume requesting quotes for Meridian-brokered loans beginning Jan.
US 30-year mortgage rises to 6.32%, biggest weekly gain since April, Freddie Mac says
The average rate on the popular U.S. 30-year mortgage rate increased to 6.32% this week, its largest one week increase since ...
Idaho State Journal23h
Average rate on a 30-year mortgage in the U.S. ticks up to 6.12 percent, first increase in 7 weeks
The average rate on a 30-year mortgage in the U.S. rose to 6.12 percent this week, the first increase in seven weeks.
Rate cut sparks home buying debate: Is now the time to buy in Buffalo?
With the recent Federal Reserve interest rate cut and fixed-rate mortgage averages hitting a record low, it's time to ask: Is ...
Average 30-year mortgage rate jumps to 6.32%, hurting homebuyers
The average 30-year fixed rate rose to 6.32% this week, according to Freddie Mac, following a strong jobs report last week.
Freddie Mac Reminds Homeowners Impacted by Hurricane Milton of Mortgage Relief Options
MCLEAN, Va., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those impacted by Hurricane Milton.