Walker & Dunlop Amends PNC Warehouse Credit Agreement to Reduce SOFR-Based Rate
On January 29, 2026, Walker & Dunlop and its operating subsidiary amended their warehousing credit agreement with PNC Bank to, among other things, reduce the applicable daily floating Term SOFR rate. The company continues to guarantee the subsidiary's obligations under the amended agreement, so the change lowers the borrowing cost on this facility without changing the company's guarantee.
Key points
- Sixteenth Amendment to the Second Amended and Restated Warehousing Credit and Security Agreement dated January 29, 2026, with PNC Bank, National Association, as lender
- The amendment reduces the Applicable Daily Floating Term SOFR Rate; the filing does not state the amount of the reduction
- The company continues to guarantee Walker & Dunlop, LLC's obligations under the agreement; the filing does not state the facility size
- The amendment is filed as Exhibit 10.1 to the 8-K, which was signed February 2, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 02, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.