secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001831631-25-000229
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot enters $300M FNMSR facility, replaces existing $291.2M revolver
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- New FNMSR Facility provides up to $300M of variable-rate financing secured by Fannie Mae MSRs, matures May 29, 2026.
- Series 2025-VF1 Notes issued to Nomura Corporate Funding Americas at daily simple SOFR plus margin.
- Prior $300M revolving credit facility with NCFA terminated; $291.2M outstanding transferred without penalties.
- LD Holdings Group LLC provided a guaranty for the Series 2025-VF1 Master Repurchase Agreement.
- Maximum purchase price reduces to $150M after initial term note issuance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163125000229/0001831631-25-000229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163125000229/ldi-20251114.htm
  HTML page:      https://secwatch.observer/filing/0001831631-25-000229

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