debt
confidence high
sentiment positive
materiality 0.60
loanDepot enters into $300M amended repurchase agreement with Bank of Montreal
loanDepot, Inc.
- $300 million uncommitted master repurchase agreement with Bank of Montreal, dated April 25, 2025.
- Facility matures September 19, 2025; used to finance residential mortgage loans.
- LoanDepot.com, LLC guarantees obligations under the agreement.
- Amends and restates prior September 2021 warehouse facility; provides liquidity for mortgage lending.