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Walker & Dunlop’s profit soars

Walker & Dunlop Inc., of Bethesda, a real estate lender focused on multifamily loans, said its second-quarter net income rose 52.5 percent to $14.5 million, or 42 cents per diluted share, from $9.3 million, or 42 cents per diluted share, in the 2012 quarter. The number of outstanding shares rose by 12.5 million year-to-year, diluting the ...

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