Willy Walker

WASHINGTON, DC-Walker & Dunlop gave the market a heads-up on its loan origination volumes as the company completes its year-end audit. According to its unaudited estimates, originations for the year reached $8.4 billion, an increase of 18% over 2012 for a five-year compound annual growth rate of 33%.

Fourth quarter loan origination volume reached $2.3 billion. W&D ended the year with a loan servicing portfolio of $38.9 billion, an increase of 11% over 2012.

In particular, the company’s decision to diversify its operations into the capital markets and proprietary capital originations did very well, notes CEO Willy Walker, “growing 117% and 449%, respectively,” he says in a prepared statement.

2013 began with something of a thud for the multifamily sector when, in March, the FHFA rolled out its scorecard for the year, which included a 10% scale back in multifamily originations.

Walker & Dunlop’s GSE originations were down 10.8% year-on-year, in line with that cap, Walker says. “Posting 18% aggregate origination growth in a year when Fannie Mae and Freddie Mac had origination caps and now account for only 53% of our originations, down from 71% in 2012, demonstrates the strength in the commercial real estate market and is exactly why we embarked on our diversification strategy.”

W&D is also reporting that its HUD volumes grew 33%.