debt
confidence high
sentiment neutral
materiality 0.60
loanDepot subsidiary issues $300M warehouse notes backed by mortgage loans
loanDepot, Inc.
- Issued $300M MWST Notes via Mello Warehouse Securitization Trust 2025-1 on April 11, 2025.
- Notes bear interest at 30-day Term SOFR plus margin; secured by newly originated residential mortgage loans.
- Obligations guaranteed by LD Holdings Group, LLC, a wholly owned subsidiary of loanDepot.
- Notes mature in three years or earlier on optional prepayment or default acceleration.