BETHESDA, MD – Walker & Dunlop has hired former Federal Housing Administration Commissioner Dana Wade to serve as production manager for FHA-backed loan arrangements with the US Department of Housing and Urban Development .
In his new role at Walker & Dunlop, Wade will also help lead the company’s affordable housing finance activities.
In his previous role with the FHA, Wade was responsible for carrying out the agency’s mission of providing affordable housing to moderate and low-income households. As Commissioner, she also implemented enhanced risk management for the FHA’s $ 1.4 trillion portfolio and led more than 2,400 employees.
“I am delighted that Dana is joining us,” said Willy Walker, President and CEO of Walker & Dunlop. “His skills and expertise will immediately add value to the Walker & Dunlop FHA production team. Having a leader with the skills of Dana increasing our focus on affordable housing, which has accounted for $ 17 billion in Walker & Dunlop loans over the past three years, will be extremely valuable to our clients and members of our team.
Prior to serving at the FHA, Wade was Associate Director in the Office of Management and Budget. In this previous role, she led the budgetary oversight of six executive branch agencies, with a focus on financial services, including the HUD and several independent agencies. Prior to that, Wade held senior positions in Congress, including deputy director of personnel for the Senate Banking, Housing and Urban Affairs Committee, as well as deputy director of personnel for the Senate Credit Committee.
“Dana has a proven track record, impressive qualifications and the perfect personality to join the Walker & Dunlop leadership team,” said Sheri Thompson, Executive Vice President of Walker & Dunlop and Chief Financial Officer FHA. “His leadership and management skills will immediately help Walker & Dunlop maintain our position as one of the largest multi-family FHA lenders in the country, while expanding our focus on affordable home loans across all sources. of capital. “
“Walker & Dunlop is a leader in the commercial real estate finance industry, particularly in multi-family and affordable housing,” says Wade. “I am thrilled with this opportunity to join such a growth-oriented company with an incredible culture and focused on people, brand and technology. “
Wade received a BA in Economics from Georgetown University and an MBA from the Wharton School at the University of Pennsylvania.
