Cap One/Freddie Mac/Walker Dunlop

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In the interview process with 3 companies in underwriter or asset management positions:
Cap One
Freddie Mac - 2 positions
Walker Dunlop

Right now I might have a favorite but haven't been sold on one yet. Any thoughts on the companies, progression, pay? Any recommendations would be helpful.

Comments (12)

Jun 18, 2018

Walker Dunlop is finally starting a small balance division. I believe they're the top Fannie producer. I don't know much about their culture. Cap One is pretty new to the game but you may get paid better because of it.

    • 1
Jun 18, 2018

Capital One has the biggest balance sheet by far, so I'd imagine the deals they work on are the largest and most diverse. They also pay well as a company overall and take good care of their employees.

Freddie Mac's Capital Markets team seems cool and probably has interesting exits, but I wouldn't want to be on the Single-Family lending side.

Don't know a whole lot about Walker Dunlop.

    • 1
Jun 18, 2018

Thanks.

The positions at Freddie are with the Multifamily group not Cap Markets or SFR. I'll try and update once I get more info about pay.

Jun 30, 2018

I think Capital One might pay you better, but Freddie Mac is the best overall, great work life balance and job security, just look at how many people with 20-30 years tenure at Freddie Mac

    • 1
Jun 30, 2018
hoogstraten3:

In the interview process with 3 companies in underwriter or asset management positions:
Cap One
Freddie Mac - 2 positions
Walker Dunlop

Right now I might have a favorite but haven't been sold on one yet. Any thoughts on the companies, progression, pay? Any recommendations would be helpful.

Definitely Freddie Mac. They'll (probably) pay the best and will definitely have the best benefits, they'll have the best job security, and they'll have the best exit options (private sector and government). They'll also have the best work/life balance (I worked 40 hours per week--rarely more--as an analyst in the multifamily group). I also prefer Tysons Corner location to Bethesda, but that's personal preference (I assume it's Capital One Multifamily, which is in Bethesda, and not Capital One corporate, which has a siiiiiick new building in Tysons).

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Jun 18, 2018

Have offers from both pay is very close. Underwriter positions for both, think I'm leaning Freddie. The position seems a little more interesting Cap One just seems like the "cooler" company. I appreciate everyones thoughts.

Most Helpful
Jun 30, 2018
hoogstraten3:

Have offers from both pay is very close. Underwriter positions for both, think I'm leaning Freddie. The position seems a little more interesting Cap One just seems like the "cooler" company. I appreciate everyones thoughts.

Ya know one of the reasons I left Freddie Mac? I was at lunch one day outside on the campus and looked around and saw a bunch of poorly dressed paper pushing nerds and I thought to myself, "This can't be my life. This is not happening." Came to find out that that was pretty much par for the course at most companies.

Jun 18, 2018

Haha yeah sounds like it. Probably going to accept the Freddie offer. What you into now?

Jun 30, 2018
hoogstraten3:

Haha yeah sounds like it. Probably going to accept the Freddie offer. What you into now?

I work for a family real estate company. It's a good place to be, but had I stayed at Freddie Mac over the last 7 or 8 years I'd be making twice the money I'm making right now. I was too young and dumb to recognize that they do most of their recruiting in-house. The intellectual incest could be why Fannie Mae and Freddie Mac ultimately collapsed, but nothing has really changed on that end.

Jul 11, 2018

It really hasn't.

But that being said, my firm (Top 3 DUS lender for both Fannie and Freddie) have been poaching both groups people to come work for us. Fannie's kinda in the shitter now though. They offered early retirement buyouts to their older employees expecting only 10ish% to take the buyout. However, more like 50% took the buyout and they are hurting now in terms of turnaround times to their DUS lenders.

Jun 30, 2018
Rice and Fires:

It really hasn't.

But that being said, my firm (Top 3 DUS lender for both Fannie and Freddie) have been poaching both groups people to come work for us. Fannie's kinda in the shitter now though. They offered early retirement buyouts to their older employees expecting only 10ish% to take the buyout. However, more like 50% took the buyout and they are hurting now in terms of turnaround times to their DUS lenders.

Wow, that's really stupid of them. Should have made it first come, first serve on the buyout, up to x%. Not surprised they got burned.

Jul 11, 2018