Walker & Dunlop Moves up to #3 Ranked Freddie Mac Program Plus® Seller in 2013
BETHESDA, Md., Feb. 4, 2014
BETHESDA, Md., Feb. 4, 2014 /PRNewswire/ -- Walker & Dunlop, Inc. (the
"Company") (NYSE: WD) announced today that it was Freddie Mac's third
highest-producing Program Plus® Seller in 2013, up from the #4 ranking in
2012. Walker & Dunlop became a Program Plus®Sellerin 2009 and has
aggressively expanded its origination capabilities with Freddie Mac over the
past five years.
"We have only been a Freddie Mac ProgramPlus®Seller for five years, and over
that time we have grown from the 14th largest originator in 2009, to fourth
largest in 2012 and now third largest in 2013. What an accomplishment for the
talented people of Walker & Dunlop and our deep partnership with Freddie Mac,"
commented Willy Walker, Chairman, President and CEO.
Freddie Mac provided $26 billion of capital to the multifamily industry in
2013. The majority of loans originated through Program Plus are securitized
whereby, private capital takes the first-loss-position. The Program Plus loan
origination network, along with private capital participation, make this model
one of the best designed loan securitization programs in the world.
About Walker & Dunlop
Through its subsidiaryWalker & Dunlop, LLC,Walker & Dunlop, Inc.(NYSE: WD)
is one of the leading commercial real estate finance companies inthe United
States, with a primary focus on multifamily lending. As a Fannie Mae DUS®,
Freddie Mac Program Plus® and MAP- and LEAN-approved FHA lender, the
Multifamily and FHA Finance groups are focused on lending to property owners,
investors, and developers of multifamily properties across the country. The
Capital Markets group specializes in financing commercial real estate for
owners and investors acrossthe United States, securing capital from large
institutions such as life insurance companies, commercial banks,CMBS lenders,
pension funds, and specialty finance companies.The Proprietary Capital group
develops new financial products and provides institutional advisory, asset
management, and investment management services with respect to debt and
equity, including bridge financing.Walker & Dunlop, LLChas more than 400
employees located in 21 offices nationwide. For more information about the
Company, please visitwww.walkerdunlop.comor follow us on Twitter at
Forward Looking Statements
Some of the statements contained in this press release may constitute
forward-looking statements within the meaning of the federal securities laws.
Forward-looking statements relate to expectations, projections, plans and
strategies, anticipated events or trends and similar expressions concerning
matters that are not historical facts. In some cases, you can identify
forward-looking statements by the use of forward-looking terminology such as
''may,'' ''will,'' ''should,'' ''expects,'' ''intends,'' ''plans,''
''anticipates,'' ''believes,'' ''estimates,'' ''predicts,'' or ''potential''
or the negative of these words and phrases or similar words or phrases that
are predictions of or indicate future events or trends and which do not relate
solely to historical matters. You can also identify forward-looking statements
by discussions of strategy, plans or intentions.
The forward-looking statements contained in this press release reflect our
current views about future events and are subject to numerous known and
unknown risks, uncertainties, assumptions and changes in circumstances that
may cause actual results to differ significantly from those expressed or
contemplated in any forward-looking statement.
While forward-looking statements reflect our good faith projections,
assumptions and expectations, they are not guarantees of future results.
Furthermore, we disclaim any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying assumptions or
factors, new information, data or methods, future events or other changes,
except as required by applicable law. Factors that could cause our results to
differ materially include, but are not limited to: (1) general economic
conditions and multifamily and commercial real estate market conditions, (2)
regulatory and or legislative changes to Freddie Mac,Fannie Maeor HUD, (3)
our ability to retain and attract loan originators and other professionals,
and (4) changes in federal government fiscal and monetary policies, including
any constraints or cuts in federal funds allocated to HUD for loan
For a further discussion of these and other factors that could cause future
results to differ materially from those expressed or contemplated in any
forward-looking statements, see the section entitled ''Risk Factors" in our
most recent Annual Report on Form 10-K and in our subsequentSECfilings. Such
filings are available publicly on our Investor Relations web page at
SOURCE Walker & Dunlop, Inc.
Contact: Investors: Claire Harvey, Vice President, Investor Relations, Phone:
301/634-2143, firstname.lastname@example.org or Media: Susan Weber, Senior Vice
President, Marketing, Phone: 301/215-5515, email@example.com
Press spacebar to pause and continue. Press esc to stop.