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Based on the most helpful WSO content, there isn't specific information in the dataset about Jared Sobel or any allegations of shady loans involving Walker & Dunlop and the Freddie program. However, Walker & Dunlop has been a prominent player in the real estate finance space, and any significant personnel changes or controversies would likely be discussed in industry forums or news outlets.
If Jared Sobel's profile has been removed from their website, it could indicate a departure or internal restructuring. For more clarity, you might want to check recent news articles, press releases, or industry discussions for updates on this situation. Additionally, forums like WSO often have users sharing insights on such developments, so keeping an eye on related threads could provide more context.
Sources: Walker and Dunlop, Oil crashing +80%, Oil crashing +80%, AKS Capital Partners (Aaron Appel) bought by Walker & Dunlop, Walker and Dunlop (NYC Office) - Thoughts?
Wouldn’t be surprised if he did some shady SBL loans. He did a ton of volume too.
I used to work at a Walker type place and we fired our office’s SBL team due to bad loans made to questionable borrowers.
Pretty predictable for this to happen given massive fees and very little oversight / auditing.
such an idiot and we have seen this time and time again. He was in such a good spot for someone with less than 10 years of experience. Getting there is the hard part, not maintaining it. He had already made it and in the Agency business, once you "make it", its life on autopilot, just rinse and repeat. Every year from just refinancing current Agency loans that are maturing and internal referrals will be enough for you to have a good life, throw in new refinances/acquisitions, you are looking at $500K as a floor for pay. Is this not enough?
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