- Little-followed Walker & Dunlop (NYSE:WD) provides a window into how higher rates are affecting commercial real estate, cutting its guidance for Q3 loan originations to $1.7B-$1.9B from $2-$2.5B previously.
- Also to blame are Fannie and Freddie pulling in their horns to stay under FHFA-imposed 2013 lending caps.
- Press release.
Higher rates hit commercial lending
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| Symbol | Last Price | % Chg |
|---|---|---|
| WD | - | - |
| Walker & Dunlop, Inc. | ||