BETHESDA, MD—Walker & Dunlop hasclosed itsacquisition of Johnson Capital's loan origination andservicing platform, which it announced a month ago.
The transaction is expected to expand W&D's relationshipswith life insurers, banks, CMBS conduits and possibly open the doorto Ginnie Mae business. The transaction also brings in house some$590 million in HUD servicing, a significant increase to Walker& Dunlop's $40 billion servicing portfolio.
This array of service and capabilities will position Walker& Dunlop to take advantage of the wave refi activity expectedin the coming years.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
