Walker & Dunlop Extends MRA with JPMorgan to 2027
Walker & Dunlop Inc., a real estate investment trust (REIT), has extended its Master Repurchase Agreement (MRA) with JPMorgan Chase Bank, N.A. for another year. The agreement's termination date is now set to September 9, 2027, following the execution of Amendment No. 9 on September 9, 2026.
The extension of the MRA is a significant development for Walker & Dunlop, as it provides stability and predictability in its financial arrangements with JPMorgan Chase Bank, N.A. The agreement also includes an updated Side Letter that outlines fees, commitments, and pricing related to the Repurchase Agreement.
Notably, Walker & Dunlop Inc. remains the guarantor of its operating subsidiary's obligations under the amended agreement. This underscores the importance of JPMorgan Chase Bank, N.A.'s ongoing relationship with the company, which includes other financial service arrangements such as a credit facility and investment banking services.
The filing with the SEC notes that certain sections of the exhibits related to the amendment were redacted due to regulatory requirements. However, Walker & Dunlop has agreed to provide unredacted versions upon request from the SEC.