Rocket Companies amends repurchase agreement with JPMorgan; facility cut to $1.0B, term extended to 2026

Rocket Companies, Inc.

Amended and restated Master Repurchase Agreement dated May 31, 2024 with JPMorgan Chase; facility amount reduced from $1.5B to $1.0B.
Termination date extended from May 31, 2024 to May 29, 2026.
Total funding capacity across all facilities was $24.8B as of May 31, 2024, up from $24.3B at Dec 31, 2023 and Mar 31, 2024.
Pricing Side Letters for EBO and New Origination pools were also executed as part of the amendment.

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