Walker & Dunlop hires former FHA commissioner to lead HUD loan arrangements


Dana Wade to lead multi-family and affordable housing loans

BETHESDA, MD., March 1, 2021 / PRNewswire / – Walker & Dunlop, Inc. today announced that Dana wade joined the company as the production manager for all Federal Housing Administration (FHA) backed loan arrangements with the US Department of Housing and Urban Development (HUD). Ms. Wade will also be responsible for helping lead the company’s affordable housing fundraising activities.

Dana wade

Ms. Wade previously served as Commissioner of the Federal Housing Administration, which funded a total of more than 11,000 rental units and 3,000 mortgages for care facilities and hospitals in fiscal year 2020.1 In her role at FHA, she was responsible for carrying out the agency’s mission of providing affordable housing to moderate and low-income households, implementing improved risk management for the FHA. $ 1.4 trillion portfolio and leading more than 2,400 employees.

Ms. Wade commented, “Walker & Dunlop is a leader in the commercial real estate finance industry, particularly in multi-family and affordable housing. I am thrilled with this opportunity to join such a growth driven company with a culture and focus on people, brand and technology. “

Walker & Dunlop Chairman and CEO, Willy walker, said: “I am delighted that Dana is joining us. His skills and expertise will immediately add value to the Walker & Dunlop FHA production team. $ 17 billion loans from Walker & Dunlop over the past three years will be of tremendous value to our clients and members of our team. “

Sheri thompsonFHA Executive Vice President and Group Chief Financial Officer commented, “Dana has a proven track record, impressive qualifications and the perfect personality to join the Walker & Dunlop leadership team. His leadership and management skills will immediately help Walker & Dunlop maintain our position as one of the largest multi-family FHA lenders in the country, while expanding our focus on affordable home loans across all sources of capital. “

Prior to joining FHA, Wade was Associate Director in the Office of Management and Budget, where she led the budget oversight of six executive branch agencies with a focus on financial services, including HUD and several agencies. independent. Ms. Wade has also held leadership positions in Congress, including deputy director of personnel for the Senate Banking, Housing and Urban Affairs Committee and Deputy Director of Personnel for the Senate Credit Committee. Dana graduated from Georgetown University with a bachelor’s degree in economics and obtained an MBA from Wharton School at University of Pennsylvania.

About Walker & Dunlop
Walker & Dunlop (NYSE: WD), headquartered at Bethesda, Maryland, is one of the largest commercial real estate finance companies in United States. The company provides a full suite of capital solutions for all categories of commercial real estate assets, as well as brokerage services for the sale of investments to owners of multi-family properties. Walker & Dunlop is included in the S&P SmallCap 600 Index and has been ranked among the FORTUNE The magazine’s fastest growing companies in 2014, 2017 and 2018. The more than 1,000 Walker & Dunlop professionals in 41 offices across the country have an unwavering commitment to customer satisfaction.

1 FHA.gov, from September 30, 2020

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SOURCE Walker & Dunlop, Inc.

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