---
schema_version: "secwatch.filing_event.v1"
accession: "0001831631-23-000286"
form_type: "8-K"
ticker: "LDI"
cik: "0001831631"
company_name: "loanDepot, Inc."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:15:07.078469+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# loanDepot secures $1M committed sublimit from Bank of America for NY mortgage loans

## Summary
- Committed sublimit of $1M for mortgage loans secured by New York properties under existing MRA with Bank of America.
- Sublimit required by New York Department of Financial Services regulations for loanDepot's NY origination activity.
- Available regardless of whether Bank of America is the ultimate purchaser; supersedes discretionary authority.
- Effective October 23, 2023; no Event of Default or Potential Default exists.
- No other amendments to the MRA; fees and expenses paid by loanDepot.

## SEC filing metadata
- accession: 0001831631-23-000286
- form_type: 8-K
- ticker: LDI
- cik: 0001831631
- company_name: loanDepot, Inc.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000286/0001831631-23-000286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000286/ldi-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831631-23-000286
- JSON: https://secwatch.observer/filing/0001831631-23-000286.json
- Plain text: https://secwatch.observer/filing/0001831631-23-000286.txt

## Key facts
- Material Agreements
  loanDepot, Inc. entered into Addendum to Second Amended and Restated Master Repurchase Agreement with Bank of America, N.A. valued at $1,000,000 (effective 2023-10-23).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: $1,000,000
  - Effective: 2023-10-23
  source text: On October 23, 2023, loanDepot.com, LLC, a Delaware limited liability company and an indirect subsidiary of loanDepot, Inc. (the “Company”), as guarantor and pledgor, entered into an Addendum (the “Addendum”) to Second Amended and Restated Master Repurchase Agreement, dated as of August 20, 2021 (the “MRA”), with Bank of America, N.A., as buyer (“Buyer”) and loanDepot BA Warehouse, LLC, as seller (“Seller”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000286/0001831631-23-000286-index.htm

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