Oct
30

Walker & Dunlop to Acquire Elkins Mortgage

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The Bethesda, Md.-based company will add roughly $1.7 billion in life insurance company servicing to its portfolio.

Willy Walker, Walker & Dunlop Chairman and CEOWilly Walker, Walker & Dunlop

Bethesda, Md.Walker & Dunlop Inc. will acquire George Elkins Mortgage Banking Co., with approximately $1.7 billion in life insurance company servicing expected to be added to Walker & Dunlop’s $57.3 billion servicing portfolio.

Complete terms of the transaction were not disclosed, but the acquisition will add 14 commercial real estate originators to Walker & Dunlop’s Capital Markets group and the deal is expected to close before the end of 2016…

Walker & Dunlop to Acquire Elkins Mortgage

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