We continue to see a benefit from our investments in acquiring and recruiting commercial mortgage bankers, the significant amount of capital being invested into U.S. The 31% increase in brokered volume in the first quarter of 2022 reflects our team's ability to meet our clients' broad range of capital needs within uncertain market conditions, continued demand for all commercial real estate property types, and the impacts of our investments in people, brand and technology.
#Dunlop golf drivers mac#
Despite the decreases in Freddie Mac and HUD debt financing volume, Agency debt financing volume saw a 7% increase quarter over quarter, indicating continued strength in the multifamily financing market. Our GSE market share increased in the first quarter of 2022 to 12.3% compared to 11.4% at December 31, 2021. Driving the overall increase was a 17% increase in GSE debt financing volumes, driven by strong Fannie Mae lending activity.
We recently made the two largest acquisitions in W&D's history, Alliant and GeoPhy, which dramatically expand our presence in the affordable housing industry and accelerate our growth as a technologically-enabled financial services company. Walker & Dunlop Chairman and CEO Willy Walker commented, "The breadth of Walker & Dunlop's platform, capabilities, and brand resulted in 40% year-over-year growth in total transaction volume to $12.7 billion in the first quarter of 2022, driving total revenues to $319 million, up 42% year over year, and diluted earnings per share of $2.12, up 18% from the first quarter of last year. The Company promoted Steve Theobald to Executive Vice President and Chief Operating Officer, effective June 1, 2022, at which time Greg Florkowski will assume the role of Executive Vice President and Chief Financial Officer. The Company's Board of Directors declared a dividend of $0.60 per share for the second quarter of 2022. First quarter total transaction volume was $12.7 billion, up 40% year over year.
First quarter 2022 adjusted EBITDA 1 was $62.6 million, up 3% over the same period in 2021. Net income for the first quarter of 2022 was $71.2 million or $2.12 per diluted share, up 23% and 18%, respectively, from the first quarter of 2021. (NYSE: WD) (the "Company" or "W&D") reported total revenues of $319.4 million for the first quarter of 2022, an increase of 42% year over year. Promoted Steve Theobald to Chief Operating Officer and Greg Florkowski to Chief Financial OfficerīETHESDA, Md., /PRNewswire/ - Walker & Dunlop, Inc.