Meridian Capital Scandal Casts a Shadow Over Newpoint

By Franco Faraudo

Meridian Capital Group has been in the news recently. Once a leading multifamily lender, the firm faced a setback last November when Freddie Mac announced an investigation into possible fraudulent activity. Freddie Mac suspended lending to Meridian until further notice. Now, concerns are rising over Meridian's relationship with the struggling NY Community Bank, with questions […]

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