secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2025-12-29T23:59:59+00:00
Accession:  0001831631-25-000264
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot issues $200M Series 2025-FT1 notes secured by MSR excess spread
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- Issued $200M aggregate principal amount of term notes via Series 2025-FT1 Indenture Supplement dated Dec 19, 2025.
- Notes priced at variable rate based on SOFR plus margin; mature Dec 19, 2030.
- Secured by participation certificate representing interest in portfolio excess spread from Fannie Mae MSRs owned by loanDepot.
- Notes offered in private placement to qualified institutional buyers under Rule 144A; registration exemption.
- Amendment No. 1 to Base Indenture updates definition of 'Borrowing Base Deficiency' among other changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163125000264/0001831631-25-000264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163125000264/ldi-20251219.htm
  HTML page:      https://secwatch.observer/filing/0001831631-25-000264

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