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Walker & Dunlop Expects Up to $16M in Q3 Credit Charges as GSE Reviews Near Completion
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Walker & Dunlop Expects Up to $16M in Q3 Credit Charges as GSE Reviews Near Completion
Walker & Dunlop Inc. (NYSE: WD) expects to record between $12 million and $16 million in credit-related charges during the third quarter as it moves toward the final resolution of Fannie Mae’s review of legacy loan issues, executives said during the company’s second-quarter earnings call Thursday. Chief Financial Officer Greg Florkowski said Freddie Mac’s review has been completed and the company does not expect any additional repurchase request…
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