Walker & Dunlop Expands Freddie Mac Program Plus Operations

""Walker & Dunlop, Inc."":http://www.walkerdunlop.com/, is now an approved Freddie mac Program Plus Seller/Servicer in 22 states and the District of Columbia, the company announced.

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Walker & Dunlop acquired five additional Program Plus Seller/Servicer territories in connection with its acquisition of CWCapital. Separately, the company was also recently granted new territories in six states as a result of its growth and additional market presence.

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""We hired two fantastic origination teams during the second quarter of this year in Florida and Wisconsin and are very pleased Freddie Mac has given us the ability to partner with them in these two states,"" said Howard W. Smith, EVP and COO of Walker & Dunlop. ""The territories acquired in the CWCapital acquisition, combined with those newly approved by Freddie Mac, dramatically increase Walker & Dunlop's Freddie Mac lending footprint.""

As a Program Plus Seller/Servicer, the company can provide financing for the acquisition, refinance, and rehabilitation of apartment communities. Approved companies have met Freddie Mac's standards for both origination and servicing of multifamily loans.

With its acquisition of CWCapital, Walker & Dunlop became the eighth largest commercial real estate lender in the country. In a release, the Bethesda, Maryland-based lender said ""the additional territories ├â┬ó├óÔÇÜ┬¼├é┬ª strengthen Walker & Dunlop's position as one of the largest and most competitive multifamily lenders in the country.""