secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0001831631-23-000343
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LoanDepot ups borrowing capacity to $540M, extends credit line to Dec 2024, adds Capital One
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- Amendment One to Flagstar credit agreement increases facility to $540M and extends termination to December 20, 2024.
- Capital One, National Association added as a lender via Joinder to the credit agreement.
- Amendment Five to BMO repurchase agreement now permits financing of scratch and dent residential mortgage loans.
- Existing lenders include Flagstar, Western Alliance, Bank of Hope, and Capital One.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163123000343/0001831631-23-000343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163123000343/ldi-20231219.htm
  HTML page:      https://secwatch.observer/filing/0001831631-23-000343

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer