Walker & Dunlop servicing portfolio surpasses $40B

|About: Walker & Dunlop, Inc. (WD)|By:, SA News Editor

The portfolio of over 4.3K commercial loans has an average term of more than 10 years with 84% of the servicing fees protected from prepayment risk. The MSRs on the portfolio had a fair value of $432M as of June 30.

Walker & Dunlop (NYSE:WD) has a goal of generating 50% or more of revenue from servicing and asset management fees by the end of 2017. "Crossing the $40 billion mark is a significant step in achieving that goal," says CEO Willy Walker.