secwatch.observer — SEC 8-K summary
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Issuer:     Walker & Dunlop, Inc. (WD)
CIK:        0001497770
Form:       8-K
Filed at:   2023-01-04T23:59:59+00:00
Accession:  0001104659-23-000902
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Walker & Dunlop Amends Repurchase Agreement with JPMorgan Chase
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- Amendment No. 5 dated Dec 29, 2022 modifies total indebtedness to tangible net worth ratio to not more than 3.00 to 1.00.
- Redefines 'Total Indebtedness' to exclude Fannie Mae guaranty obligations, agency warehouse facilities, securitized debt, contingent earnout payments, and tax credit equity commitments.
- Company continues to guarantee subsidiary's obligations under the amended Repurchase Agreement.
- No default or event of default occurred, and Seller waives any claims against Buyer as of the effective date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1497770/000110465923000902/0001104659-23-000902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1497770/000110465923000902/tm2233782d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-000902

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