Walker & Dunlop (WD +6.7%) flies higher after buying CWCapital for about $220M. Both...

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

Walker & Dunlop (WD +6.7%) flies higher after buying CWCapital for about $220M. Both companies are commercial lenders, particularly in the apartment sector. The acquisition will make W&D the 2nd largest multi-family lender in a country in which rentals are the big new thing. (PR)