loanDepot subsidiary issues $150M Series 2025-GT2 notes secured by Ginnie Mae MSR excess spread

loanDepot, Inc.

Class A $128.57M and Class B $21.43M notes issued by loanDepot GMSR Master Trust.
Notes are secured by a participation certificate in the portfolio excess spread of Ginnie Mae MSRs.
Maturity July 16, 2030; monthly payments at SOFR plus margin (initial benchmark: SOFR Rate).
Issued in a private placement to QIBs under Rule 144A; notes are unrated and subordinated to MBS Advance VFNs.
Proceeds used for general corporate purposes (not explicitly stated but typical for such securitizations).

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