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Niklas Bjorkman wrote: Firstly I agree with your conclusion. NewSQL takes the best of the traditional databases and NoSQL databases to combine the benefits of both worlds. I do not agree that NewSQL vendors focus on giving scale-out features to transactional data. The NewSQL market is focusing on giving true ACID support combined with extreme performance, stepping away from the traditional relational structures in databases. A lot of developers appreciate the ease of accessing data using SQL and I think we will see more and more databases supporting standard SQL. As you said - NewSQL databases often maintain the...
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Walker & Dunlop Announces 2012 Loan Origination Volume of $7.1 Billion and Increases 2013 Origination Guidance

BETHESDA, Md., Jan. 10, 2013 /PRNewswire/ -- Walker & Dunlop, Inc. (the "Company") (NYSE: WD) announced today 2012 loan origination volume of $7.1 billion, an increase of 76% over 2011.  Due to the acquisition of CWCapital LLC ("CWCapital") on September 4, 2012, Walker & Dunlop's 2012 financial statements and loan origination volumes reflect eight months of activity on a stand-alone basis and four months as a combined enterprise.  For industry league table reporting purposes, the Company will report Walker & Dunlop and CWCapital's 2012 loan origination volumes on a combined basis.  The Company ended the year with a loan servicing portfolio of $35.2 billion, up 110% over 2011.  

"Our goal is to be the premier commercial real estate finance company in the United States. Our path toward that goal benefited greatly from hiring talented loan originators and acquiring CWCapital in 2012," commented Willy Walker, Walker & Dunlop's Chairman, President and Chief Executive Officer.  "Walker & Dunlop has grown rapidly into one of the largest commercial real estate lenders in the United States, and our increased scale and market position are reflected in the significant growth in origination volumes.  Building on the success of 2012, and the continued integration of CWCapital, we are raising our 2013 loan origination guidance from $8 to $10 billion to $10 to $12 billion," Mr. Walker added.

Loan origination and servicing volumes by investor were as follows:

Loan Origination Volume by Investor

 

For the years ended: (1)(2)

 

 

Walker & Dunlop

December 31, 2012(4)

 

 

Walker & Dunlop

December 31, 2011

 

 

 

%
Change

Combined

Full Year 2012

Walker & Dunlop

 CWCapital(5)

Fannie Mae

$3,332

$1,870

78%

$4,247

Freddie Mac

$1,686

$836

102%

$2,612

HUD/Ginnie Mae

$858

$512

68%

$1,263

Other(3)

$1,226

$808

52%

$1,393

Total

$7,102

$4,026

76%

$9,515




Walker & Dunlop Loan Servicing Portfolio by Type as of: (1)(2)


 

December 31, 2012

 

December 31, 2011

 

% Change

Fannie Mae

$18,855

$10,379

82%

Freddie Mac

$9,114

$3,190

186%

HUD/Ginnie Mae

$4,642

$1,359

242%

Other(3)

$2,559

$1,850

38%

Total

$35,170

$16,778

110%


(1) Dollars in millions

(2) Amounts are unaudited

(3) CMBS, life insurance companies, commercial banks and interim loans

(4) Includes eight months of Walker & Dunlop loan originations prior to the acquisition of CWCapital and four months of
     loan originations as a combined enterprise

(5) Represents the combination of Walker & Dunlop's and CWCapital's loan originations for the 12 months ended
     December 31, 2012

Origination and servicing volumes in this release are unaudited, and these amounts may be adjusted as the Company completes its year-end audit.  The Company is releasing the unaudited 2012 loan origination and servicing volumes in order to participate in industry surveys.  No conclusions should be drawn about the Company's fourth quarter 2012 results from these announced volumes.  The Company's fourth quarter 2012 financial results are expected to be published in early March.

About Walker & Dunlop
Through its subsidiary Walker & Dunlop, LLC, Walker & Dunlop, Inc. (NYSE: WD) is one of the leading commercial real estate finance companies 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 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, securing capital from large institutions such as life insurance companies, commercial banks, CMBS lenders, pension funds, and specialty finance companies. The Principal Investments group provides institutional advisory, asset management, and investment management services with respect to debt, structured debt and equity, including interim financing. Walker & Dunlop, LLC has over 400 employees located in 21 offices nationwide. More information about the Company can be found at www.walkerdunlop.com.

Forward Looking Statements
Some of the statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, projections, plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as ''may,'' ''will,'' ''should,'' ''expects,'' ''intends,'' ''plans,'' ''anticipates,'' ''believes,'' ''estimates,'' ''predicts,'' or ''potential'' or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions.

The forward-looking statements contained in this release reflect our current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ significantly from those expressed or contemplated in any forward-looking statement.

While forward-looking statements reflect our good faith projections, assumptions and expectations, they are not guarantees of future results. Furthermore, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes, except as required by applicable law. For a further discussion of these and other factors that could cause future results to differ materially from those expressed or contemplated in any forward-looking statements, see the section entitled ''Risk Factors" in our most recent Annual Report on Form 10-K and in our subsequent SEC filings.

SOURCE Walker & Dunlop, Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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