secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001831631-24-000248
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot closes $300M warehouse securitization, extends JPMorgan facilities
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- Issued $300M MWST 2024-1 notes backed by newly originated residential mortgage loans; interest at 30-day Term SOFR plus margin.
- Terminated $500M MWST 2021-3 facility with no outstanding borrowings; no termination penalties incurred.
- Extended JPMorgan master repurchase agreement termination date to December 26, 2024 via Third Amendment.
- Extended Series 2020-VF1 maturity date to September 26, 2025 via Amendment No. 6.
- Extended mortgage loan participation sale agreement termination date to September 26, 2025 via Amendment No. 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000248/0001831631-24-000248-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000248/ldi-20240925.htm
  HTML page:      https://secwatch.observer/filing/0001831631-24-000248

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