---
schema_version: "secwatch.filing_event.v1"
accession: "0001831631-23-000264"
form_type: "8-K"
ticker: "LDI"
cik: "0001831631"
company_name: "loanDepot, Inc."
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:27:12.179402+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# loanDepot enters amended $500M credit facility with Goldman Sachs to facilitate excess yield securitization

## Summary
- Amended and restated revolving credit facility up to $500M secured by Fannie Mae MSRs, maturing January 28, 2025.
- Amendment releases Lenders' security interest in excess yield of certain mortgage loans to permit sale and securitization.
- Borrower: loanDepot.com, LLC; Administrative Agent: Goldman Sachs Bank USA.
- Fannie Mae MSR advance rate and market value percentage defined in fee letter (confidential).

## SEC filing metadata
- accession: 0001831631-23-000264
- form_type: 8-K
- ticker: LDI
- cik: 0001831631
- company_name: loanDepot, Inc.
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000264/0001831631-23-000264-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000264/ldi-20230825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831631-23-000264
- JSON: https://secwatch.observer/filing/0001831631-23-000264.json
- Plain text: https://secwatch.observer/filing/0001831631-23-000264.txt

## Key facts
- Material Agreements
  loanDepot, Inc. amended Amended and Restated Credit Agreement with Goldman Sachs Bank USA, as administrative agent valued at up to $500 million (effective 2023-08-25).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Goldman Sachs Bank USA, as administrative agent
  - Value: up to $500 million
  - Effective: 2023-08-25
  source text: On August 25, 2023, loanDepot.com, LLC, a Delaware limited liability company and an indirect subsidiary of loanDepot, Inc. (the “Company”), as borrower, entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) with the financial institutions that may from time to time become parties thereto (each such financial institution, a “Lender” and collectively, the “Lenders”), and Goldman Sachs Bank USA (“GS Bank”), as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000264/0001831631-23-000264-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.