StockWatch
·
Finance: Consumer Services
Loan & DebtSep 15, 2026, 04:08 PM

Walker & Dunlop Extends Master Repurchase Agreement with JPMorgan to 2027

AI Summary

Walker & Dunlop, Inc. and its operating subsidiary, Walker & Dunlop, LLC, entered into Amendment No. 9 to their Master Repurchase Agreement with JPMorgan Chase Bank, N.A. This amendment extends the termination date of the agreement to September 9, 2027. The agreement, which involves reverse repurchase arrangements for mortgage loans, maintains a facility amount of up to $1,000,000,000. The pricing rate is based on the Adjusted Term SOFR Rate plus a spread.

Key Highlights

  • Walker & Dunlop, Inc. amended its Master Repurchase Agreement with JPMorgan Chase Bank, N.A.
  • The amendment extends the Termination Date of the Repurchase Agreement to September 9, 2027.
  • The Facility Amount under the agreement remains up to $1,000,000,000 for Eligible Mortgage Loans.
  • The Pricing Rate for Purchased Mortgage Loans is set at Adjusted Term SOFR Rate plus 135 basis points, with a cap of Adjusted Term SOFR Rate plus 145 basis points.