debt
confidence high
sentiment neutral
materiality 0.50
loanDepot extends repurchase agreement with UBS through April 2026
loanDepot, Inc.
- loanDepot.com subsidiary and UBS AG executed Amendment No. 5 extending the termination date of their master repurchase agreement.
- Termination Date extended to April 14, 2026, from the prior expiration.
- Seller reaffirmed representations and warranties; no default or event of default exists.
- Concurrent Amendment No. 14 to Pricing Letter was executed; commercial terms remain confidential.
- Extension maintains loanDepot's access to mortgage loan financing facility for an additional year.