secwatch.observer — SEC 8-K summary
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Issuer:     Granite Point Mortgage Trust Inc. (GPMT)
CIK:        0001703644
Form:       8-K
Filed at:   2026-08-03T21:03:09+00:00
Accession:  0001703644-26-000026
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Granite Point Mortgage Trust amends JPMorgan repurchase facility: max amount $651M, maturity extended to July 2028
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- Maximum facility amount increased to $651 million.
- Maturity extended to July 28, 2028, with three 364-day extension options (final maturity no later than July 28, 2031).
- Financial covenants modified: 'Unrestricted Cash' and 'Minimum Tangible Net Worth' adjusted.
- Guarantee amended; recourse limited to 25% of senior mortgage loans and 100% of other purchased assets, with full recourse triggers.
- Amendment effective July 28, 2026; structuring fee paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703644/000170364426000026/0001703644-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703644/000170364426000026/gpmt-20260728.htm
  HTML page:      https://secwatch.observer/filing/0001703644-26-000026

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