Pulte Mortgage extends repurchase facility to Aug 2025, adds EverBank as buyer

PULTEGROUP INC/MI/

Pulte Mortgage LLC amended its $675 million Master Repurchase Agreement, extending to August 13, 2025, with an accordion feature up to $725 million.
Maximum commitment decreases to $650 million on January 14, 2025, and remains at that level through expiration.
EverBank, N.A. joined as a new buyer; syndicate now includes JPMorgan Chase, Texas Capital Bank, Truist, and EverBank.
Amendment revised definitions of Adjusted Tangible Net Worth and Liquidity and modified Aged Loan buyback threshold to $5 million.

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