Walker & Dunlop Enters Material Agreement
Ticker: WD · Form: 8-K · Filed: Sep 17, 2025 · CIK: 1497770
| Field | Detail |
|---|---|
| Company | Walker & Dunlop, Inc. (WD) |
| Form Type | 8-K |
| Filed Date | Sep 17, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $1,500,000,000, $1,000,000,000, $950,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
WD has a new material agreement and financial obligation as of 9/11/25.
AI Summary
On September 11, 2025, Walker & Dunlop, Inc. entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The company is a finance services firm incorporated in Maryland.
Why It Matters
This filing signals a significant new contractual commitment or financial obligation for Walker & Dunlop, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements and new financial obligations can introduce new risks or alter existing ones for a company.
Key Players & Entities
- Walker & Dunlop, Inc. (company) — Registrant
- September 11, 2025 (date) — Date of earliest event reported
- Maryland (jurisdiction) — State of incorporation
- 001-35000 (identifier) — Commission File Number
- 7272 Wisconsin Avenue Suite 1300 Bethesda, MD 20814 (address) — Principal executive offices
FAQ
What type of material definitive agreement did Walker & Dunlop, Inc. enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on September 11, 2025.
What is the nature of the financial obligation created by Walker & Dunlop, Inc.?
The filing states the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but does not provide specific details.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 11, 2025.
Where are Walker & Dunlop, Inc.'s principal executive offices located?
Walker & Dunlop, Inc.'s principal executive offices are located at 7272 Wisconsin Avenue Suite 1300, Bethesda, MD 20814.
What is Walker & Dunlop, Inc.'s fiscal year end?
Walker & Dunlop, Inc.'s fiscal year ends on December 31.
Filing Stats: 960 words · 4 min read · ~3 pages · Grade level 9.8 · Accepted 2025-09-17 16:30:40
Key Financial Figures
- $0.01 — registered Common Stock, Par Value $0.01 WD New York Stock Exchange Check th
- $1,500,000,000 — ) to reflect a temporary increase up to $1,500,000,000 for the period from September 11, 2025
- $1,000,000,000 — , 2025, at which time it will revert to $1,000,000,000, up from $950,000,000. The Side Letter
- $950,000,000 — will revert to $1,000,000,000, up from $950,000,000. The Side Letter also revises, among ot
Filing Documents
- tm2526149d1_8k.htm (8-K) — 29KB
- tm2526149d1_ex10-1.htm (EX-10.1) — 1090KB
- tm2526149d1_ex10-2.htm (EX-10.2) — 63KB
- tm2526149d1_ex10-2img001.jpg (GRAPHIC) — 5KB
- 0001104659-25-090853.txt ( ) — 1555KB
- wd-20250911.xsd (EX-101.SCH) — 3KB
- wd-20250911_lab.xml (EX-101.LAB) — 33KB
- wd-20250911_pre.xml (EX-101.PRE) — 22KB
- tm2526149d1_8k_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On September 11, 2025, Walker & Dunlop, Inc. (the " Company ") and Walker & Dunlop, LLC, the operating subsidiary of the Company (the " Seller "), entered into Amendment No. 8 to Master Repurchase Agreement (the " Amendment ") with JPMorgan Chase Bank, N.A. (the " Buyer "). The Amendment amends that certain Master Repurchase Agreement, dated as of August 26, 2019 (as amended by the First Amendment, dated as of August 24, 2020, Amendment No. 2, dated as of August 23, 2021, Amendment No. 3 to Master Repurchase Agreement, dated as of September 30, 2021, Amendment No. 4 to Master Repurchase Agreement, dated as of September 15, 2022, Amendment No. 5 to Master Repurchase Agreement, dated as of December 29, 2022, Amendment No. 6 to Master Repurchase Agreement, dated as of September 12, 2023, and Amendment No. 7 to Master Repurchase Agreement, dated as of September 12, 2024, the " Repurchase Agreement "), by and among the Company, the Seller, and the Buyer to, among other things, extend the Termination Date (as defined in the Repurchase Agreement) to September 10, 2026. The Company continues to guarantee the Seller's obligations under the Repurchase Agreement, as amended by the Amendment. The Repurchase Agreement is supplemented by a Second Amended and Restated Side Letter (the " Side Letter "), dated as of September 11, 2025, which sets forth certain fees, commitments and pricing information relating to the Repurchase Agreement. The Side Letter amends and restates that certain Amended and Restated Side Letter, dated as of September 30, 2021, as amended by the Amendment No. 1 to Amended and Restated Side Letter, dated as of September 15, 2022, Amendment No. 2 to Amended and Restated Side Letter, dated as of September 12, 2023, Amendment No. 3 to Amended and Restated Side Letter, dated as of September 12, 2024, and Amendment No. 4 to Amended and Restated Side Letter, dated as of August 26, 2025. The Side Letter revise
03. Creation of a Direct Financial Obligation
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit Number Description 10.1 Amendment No. 8 to Master Repurchase Agreement, dated as of September 11, 2025, by and among Walker & Dunlop, LLC, Walker & Dunlop, Inc., and JPMorgan Chase Bank, N.A. 10.2 Second Amended and Restated Side Letter, dated as of September 11, 2025, by and among Walker & Dunlop, LLC, Walker & Dunlop, Inc., and JPMorgan Chase Bank, N.A. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WALKER & DUNLOP, INC. (Registrant) Date: September 17, 2025 By: /s/ Daniel J. Groman Name: Daniel J. Groman Title: Executive Vice President, General Counsel & Secretary