debt
confidence high
sentiment neutral
materiality 0.50
loanDepot enters into $450M master repurchase agreements with Atlas entities; $250M committed facility
loanDepot, Inc.
- loanDepot.com LLC as seller; Atlas Securitized Products L.P. as administrative agent and buyer.
- $450M aggregate uncommitted financing; $250M additional committed under Funding 2 Master Repurchase Agreement.
- Expires November 13, 2025 unless extended or earlier terminated.
- Financing secured by residential mortgage loans; customary representations, warranties and covenants.