BETHESDA, Md., Dec. 1, 2011 /PRNewswire/ -- Walker & Dunlop, Inc. (NYSE: WD) (the "Company") announced today that it opened an office in Nashville, Tennessee and hired David T. Strange as vice president, FHA Finance. Mr. Strange will run Walker & Dunlop's Nashville office and will be supported by several analysts and underwriters who will focus on multifamily and healthcare loan originations utilizing FHA financing.
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Howard Smith, executive vice president and chief operating officer of Walker & Dunlop, commented, "As we pursue our mission to be the premier commercial real estate finance company in the United States, and more specifically to be a top five FHA lender, we are extremely excited to announce our expansion into the Nashville area. Walker & Dunlop continues to execute on our strategic plan of adding origination talent around the country to grow revenues and broaden our market reach."
Michelle Warner, Walker & Dunlop's group head of FHA Finance stated, "We are very pleased to have the collective talent and experience these new employees bring to the Company. Over the past several months we have added significant underwriting and closing resources to Walker & Dunlop's FHA group. David's origination capabilities, coupled with the knowledge and experience of the analysts and underwriters who will support him, will further enhance Walker & Dunlop's standing as a first in class FHA lender."
Prior to joining Walker & Dunlop, Mr. Strange was a FHA originator with Deutsche Bank Berkshire Mortgage, Inc. in their Brentwood, Tennessee office. Mr. Strange originated loans under all FHA programs and established the FHA Section 242 Hospital Insurance Program during his five year tenure with the firm. Prior to Deutsche Bank, Mr. Strange was a mortgage consultant for Sun Trust Mortgage, Inc. where he developed single family mortgage leads and an in-charge cash management analyst at Blue Cross Blue Shield of Alabama where he managed a $1 billion investment portfolio. Mr. Strange is a certified public accountant and received his Bachelor of Science degree in Accounting from the University of South Alabama.
Mr. Strange can be reached at 615-435-1951 or [email protected].
About Walker & Dunlop
Through its subsidiary Walker & Dunlop, LLC, Walker & Dunlop, Inc. (NYSE: WD) is one of the leading providers of commercial real estate financial services in the 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 of Walker & Dunlop 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 across the United States. Capital for this financing comes from large institutions such as life insurance companies, commercial banks, CMBS lenders, pension funds, and specialty finance companies. The Principal Investment group provides institutional advisory, asset management, and investment management services with respect to debt, structured debt and equity.
SOURCE Walker & Dunlop, Inc.
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