Walker & Dunlop, Inc. has entered into Amendment No. 9 to its Master Repurchase Agreement with JPMorgan Chase Bank, N.A., dated September 9, 2026. The amendment extends the termination date of the original agreement, which was originally executed on August 26, 2019, to September 9, 2027.

The original Master Repurchase Agreement was previously amended eight times, with the most recent amendment (No. 8) executed on September 11, 2025. The new agreement amends the terms between the Company, its operating subsidiary Walker & Dunlop, LLC, and JPMorgan Chase Bank, N.A.

The Company continues to guarantee the obligations of its subsidiary under the amended agreement. Additionally, the transaction is supported by a Third Amended and Restated Side Letter, dated the same day as the amendment, which outlines specific fees, commitments, and pricing details. This Side Letter replaces the Second Amended and Restated Side Letter that was dated September 11, 2025.

Both the Amendment No. 9 and the Third Amended and Restated Side Letter are filed as exhibits to the current report. JPMorgan Chase Bank, N.A. and its affiliates maintain various financial service relationships with the Company, including another credit facility under which the Company is a borrower.