Walker & Dunlop, Inc. 8-K

What Happened

• Walker & Dunlop, Inc. and its operating subsidiary Walker & Dunlop, LLC entered into a Sixteenth Amendment to their Second Amended and Restated Warehousing Credit and Security Agreement with PNC Bank, National Association on January 29, 2026. The amendment reduces the Applicable Daily Floating Term SOFR Rate under the warehousing agreement. Walker & Dunlop, Inc. continues to guarantee the Borrower’s obligations under the agreement.

Key Details

• Amendment date: January 29, 2026 (filed on Form 8-K Feb 2, 2026).
• Parties: Walker & Dunlop, LLC (borrower), Walker & Dunlop, Inc. (guarantor), and PNC Bank, N.A. (lender).
• Change: Lowers the Applicable Daily Floating Term SOFR Rate under the existing warehousing credit facility (Sixteenth Amendment to the agreement originally dated September 11, 2017).
• The amendment document is included as Exhibit 10.1 to the Form 8-K; PNC and its affiliates maintain other ordinary-course banking and derivative relationships with the company and its affiliates.

Why It Matters

• This is a financing amendment that can reduce short‑term borrowing costs on the company’s warehouse line by lowering the SOFR‑based rate, which may modestly improve net interest spread on funded loans or held-for-sale mortgage assets.
• The company’s guarantee of the Borrower’s obligations remains in place, so the amendment does not remove Walker & Dunlop’s contingent credit exposure.
• No operational, management, or material asset changes were reported — this filing focuses on a change to the company’s credit terms.