Recent Updates — WD
On October 26, 2026, Walker & Dunlop entered into Amendment No. 1 to its Amended and Restated Credit Agreement with JPMorgan Chase Bank as administrative agent. The amendment increases the revolving credit commitments from $50 million to $150 million and raises letter of credit commitments from $25 million to $75 million. This modification expands the company's available liquidity under its existing facility without issuing new debt securities or equity. Walker & Dunlop operates in the commercial real estate finance industry, providing mortgage lending, loan servicing, and investment sales services.
Stephen P. Theobald, Walker & Dunlop's Executive Vice President and Chief Operating Officer, notified the company of his retirement on September 30, 2026, with an effective date of March 31, 2027. His responsibilities will be divided among other employees. He confirmed no disagreements prompted the departure. The firm provides commercial real estate finance services.
On September 9, 2026, Walker & Dunlop, Inc. and its subsidiary entered into Amendment No. 9 to their Master Repurchase Agreement with JPMorgan Chase Bank, N.A., extending the termination date to September 9, 2027. The amendment is supplemented by a Third Amended and Restated Side Letter detailing fees and pricing. Walker & Dunlop continues to guarantee its subsidiary's obligations under this credit facility. This company operates in the commercial real estate finance industry, providing mortgage lending and servicing solutions.
Walker & Dunlop reported second quarter 2026 financial results with total revenues of $306.7 million, down 4% year-over-year, and diluted earnings per share of $0.09, a 91% decline from the prior year period due to $23.2 million in expenses related to legacy indemnified and repurchased loans. Adjusted core EPS increased 3% to $1.19. The company announced a quarterly cash dividend of $0.68 per share for the third quarter of 2026, payable on September 3, 2026, to shareholders of record as of August 20, 2026. Total transaction volume rose 3% to $14.4 billion, while the servicing portfolio grew 6% to $145.8 billion. Walker & Dunlop operates in the commercial real estate finance and advisory services industry.