secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001831631-24-000009
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot amends indenture to delay Jan 2024 payment date due to cyber incident
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- Amendment No. 3 postpones the January 2024 Payment Date from January 12 to January 22, 2024.
- Delay is to allow finalization of payment amount following the cybersecurity incident reported on Jan 8, 2024.
- JPMorgan Chase Bank, as 100% noteholder of Series 2020-VF1 Variable Funding Notes, consented.
- Amendment pertains to financing of servicing advance receivables for Fannie Mae and Freddie Mac loans.
- No other terms of the base indenture were changed; all representations and warranties reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000009/0001831631-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000009/ldi-20240112.htm
  HTML page:      https://secwatch.observer/filing/0001831631-24-000009

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