BETHESDA, Md., Feb. 5, 2015 /PRNewswire/ -- Walker & Dunlop, Inc. (the "Company") (NYSE: WD) announced today that it was ranked as the largest Fannie Mae DUS® Lender by volume in 2014. This is the third consecutive year Walker & Dunlop has been Fannie Mae's largest partner in multifamily lending. Fannie Mae was the largest supplier of capital to the multifamily marketplace in 2014, providing $28.9 billion across all asset classes and geographies.
"It is a huge accomplishment to be ranked #1 with Fannie Mae once again," commented Willy Walker, Walker & Dunlop's Chairman and CEO. "Maintaining this ranking in an increasingly competitive marketplace against some of the world's largest financial services firms is a huge testament to the Walker & Dunlop team and our partnership with Fannie Mae." Walker continued, "The scale and continued success we have achieved with Fannie Mae benefits Walker & Dunlop's clients every day. And with $30 billion to lend in 2015, Fannie Mae will once again be one of the largest sources of capital to the multifamily sector. And Walker & Dunlop has every intention of remaining Fannie Mae's largest lending partner."
Approximately 99 percent of the $28.9 billion Fannie Mae provided to the multifamily market in 2014 was delivered through its Delegated Underwriting and Servicing (DUS®) program. DUS is unique in that it relies on shared risk whereby private lenders originate multifamily loans for Fannie Mae and retain some of the credit risk. The DUS program maintained extremely low default rates throughout the financial crisis because both parties have a stake in loan performance. Walker & Dunlop has been a DUS lender since the program's inception in 1988.
About Walker & Dunlop Walker & Dunlop (NYSE: WD), headquartered in Bethesda, MD, is one of the premier commercial real estate finance companies in the nation. The firm's scaled lending platform provides customers with a comprehensive suite of financing solutions for multifamily and commercial properties located across the United States. Walker & Dunlop has more than 450 professionals with an unyielding commitment to client satisfaction located in 22 offices nationwide. For more information, please visit www.walkerdunlop.com.
SOURCE Walker & Dunlop, Inc.