debt
confidence medium
sentiment neutral
materiality 0.30
Walker & Dunlop extends JPMorgan repurchase agreement to September 2023 and reduces pricing spread to 1.45% over SOFR
Walker & Dunlop, Inc.
- Termination date of master repurchase agreement extended to September 14, 2023, from prior date.
- Pricing rate on repurchased mortgage loans revised to Adjusted Term SOFR plus 1.45% per annum.
- Company continues to guarantee seller's obligations under the amended repurchase agreement.