Walker & Dunlop, Inc. filed a Form 8-K on September 15, 2026, disclosing that on September 9, 2026, the company and its operating subsidiary entered into Amendment No. 9 to their Master Repurchase Agreement with JPMorgan Chase Bank, N.A., extending the facility's termination date to September 9, 2027.

Key Highlights

  • Amendment signed: Walker & Dunlop, Inc. and Walker & Dunlop, LLC executed Amendment No. 9 to the Master Repurchase Agreement with JPMorgan Chase Bank, N.A. on September 9, 2026.
  • Termination date extended: The amendment extends the Termination Date under the Repurchase Agreement to September 9, 2027.
  • Side Letter updated: A Third Amended and Restated Side Letter, dated September 9, 2026, sets forth certain fees, commitments, and pricing information and replaces the Second Amended and Restated Side Letter dated September 11, 2025.
  • Parent guarantee maintained: Walker & Dunlop, Inc. continues to guarantee Walker & Dunlop, LLC's obligations under the Repurchase Agreement as amended.
  • Existing relationship noted: According to the filing, JPMorgan Chase Bank, N.A. and its affiliates have various relationships with the company involving financial services, including another credit facility and investment banking.
  • Exhibits redacted: Certain portions of the filed exhibits were redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K.

Walker & Dunlop and JPMorgan Chase Amend Repurchase Facility for Ninth Time

According to the Form 8-K filed with the SEC on September 15, 2026, Walker & Dunlop, Inc. (NYSE:WD) and its operating subsidiary, Walker & Dunlop, LLC (identified in the filing as the "Seller"), entered into Amendment No. 9 to their Master Repurchase Agreement with JPMorgan Chase Bank, N.A. (the "Buyer") on September 9, 2026. The original Master Repurchase Agreement was dated August 26, 2019, and has been amended on eight prior occasions, with previous amendments dated August 24, 2020; August 23, 2021; September 30, 2021; September 15, 2022; December 29, 2022; September 12, 2023; September 12, 2024; and September 11, 2025, the filing disclosed.

The primary effect of Amendment No. 9, the filing stated, is to extend the Termination Date as defined in the Repurchase Agreement to September 9, 2027. Walker & Dunlop, Inc. continues to guarantee the Seller's obligations under the agreement as amended. Alongside the amendment, the parties executed a Third Amended and Restated Side Letter, also dated September 9, 2026, which the filing described as setting forth "certain fees, commitments and pricing information relating to the Repurchase Agreement." That Side Letter replaces the Second Amended and Restated Side Letter dated September 11, 2025.

The filing noted that the description of the Amendment and Side Letter "does not purport to be complete and is qualified in its entirety by reference to" the exhibits filed as Exhibits 10.1 and 10.2. Certain portions of both exhibits were redacted under Item 601(b)(10)(iv) of Regulation S-K, with the company agreeing to furnish unredacted copies to the Commission upon request. The filing was signed by Gregory A. Florkowski, Executive Vice President and Chief Financial Officer, on September 15, 2026. The disclosure was made under both Item 1.01 (Entry into a Material Definitive Agreement) and Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement).

What Was Disclosed

Walker & Dunlop disclosed the ninth amendment to its Master Repurchase Agreement with JPMorgan Chase Bank, N.A., extending the facility's termination date to September 9, 2027, along with an updated Side Letter governing fees, commitments, and pricing.