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Walker & Dunlop, Inc. (WD) Discusses Impact of Fed Rate Hike on Housing Market and Investment Strategies Transcript

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Walker & Dunlop, Inc. (WD) Discusses Impact of Fed Rate Hike on Housing Market and Investment Strategies September 23, 2026 12:30 PM EDT

Conference Call Participants

Sean Dobson – Amherst Advisory & Management, LLC

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Presentation

Unknown Executive

[Audio Gap] Live Walker webcast or it’s actually not live or recording it, and we’ll play it next week. And welcome to, hopefully, a really good engaging conversation with Sean Dobson on where the markets are, single-family, SFR, multifamily from someone who has, A, timed markets impeccably in the past, has an incredible mind as it relates to both the financing behind housing and then actually the building and management of housing. And I would say, finally, Sean, just an incredible perspective as it relates to trading in these markets. I thought a lot about where to start this morning.

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Sean Dobson
Amherst Advisory & Management, LLC

You kind of set this up here with the expectations a little too high.

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Question-and-Answer Session

Unknown Executive

Yes. No, it’s great. I would start here. Fed raised by 25 basis points yesterday. Other than the fact that the cost of capital just went up. What’s your take on that raise and what that does either from a price stability standpoint, if you listen to Fed Chair Warsh or a broader view, as I just said, on CNBC, which is after raising by 0.25 point, I didn’t see the memo come in from the Iranians that the Strait of Hormuz is now open and the oil is going to drop by $25 a barrel.

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Sean Dobson
Amherst Advisory & Management, LLC

Diesel doesn’t get cut in half overnight.

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Unknown Executive

So I’m sort of like what are we trying to accomplish here by 25 basis points.

Sean Dobson
Amherst Advisory & Management, LLC

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