secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001831631-24-000257
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot extends credit facility termination date to Feb 18, 2025
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- Amended credit agreement with Flagstar Bank and other lenders to push termination date from Dec 20, 2024 to Feb 18, 2025.
- LoanDepot.com is borrower; credit line is secured by mortgage servicing rights and other collateral.
- Amendment effective Oct 11, 2024; Freddie Mac's consent was required and obtained.
- Company represents no default exists and all covenants remain satisfied.
- No changes to borrowing capacity, interest rate, or other material terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000257/0001831631-24-000257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000257/ldi-20241017.htm
  HTML page:      https://secwatch.observer/filing/0001831631-24-000257

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