TRANSACTIONS WITH RELATED PARTIES

3 Months Ended

Mar. 31, 2013

TRANSACTIONS WITH RELATED PARTIES

TRANSACTIONS WITH RELATED PARTIES

NOTE 13—TRANSACTIONS WITH RELATED PARTIES

As of March 31, 2013, Credit Suisse Securities (USA) LLC, through its ownership of Column, owns a 10% interest in the Company. From time to time, Credit Suisse refers HUD related financing opportunities to the Company, for which it receives fees. For the three months ended March 31, 2013 and 2012, Credit Suisse had earned zero and $0.8 million, respectively, of fees for the referral of HUD transactions to the Company (co-broker fees). At March 31, 2013, the Company had accrued $0.1 million of co-broker fees payable to Credit Suisse.

On February 9, 2012, the Company entered into an amendment to the agreement regarding the allocation of origination fees and trade premiums generated by certain transactions between Credit Suisse and the Company and providing for other terms and conditions with respect to future loan origination opportunities. The amendment resulted in a $2.5 million reduction in the amount the Company owed to Credit Suisse at December 31, 2011, which was recognized as other revenues during the three months ended March 31, 2012.

A third party entity, Walker & Dunlop Multifamily Equity I, LLC (the “Managing Member”), in which Mr. Walker and other individuals hold ownership, is the managing member of an investment fund. The Company provides consulting and related services to the Managing Member pursuant to a corporate services agreement for a fee which approximates our cost for such services. The amount of such fees was $0.1 million and $0.2 million for the three months ended March 31, 2013 and 2012.