other material
confidence high
sentiment neutral
materiality 0.40
loanDepot extends Bank of America repurchase and loan sale agreements to September 2025
loanDepot, Inc.
- Extended master repurchase facility maturity to September 22, 2025.
- Extended mortgage loan purchase and sale agreement maturity to same date.
- Updated benchmark definitions from LIBOR to SOFR and made compliance revisions.
- Amendments executed by CFO David Hayes on September 20, 2024, effective Sep 23.
- No event of default and company remained in compliance per representations.