debt
confidence high
sentiment neutral
materiality 0.45
loanDepot signs $125M master repurchase facility with Nomura, maturing September 30, 2027
loanDepot, Inc.
- loanDepot.com, LLC and its REO subsidiary loanDepot Multi Asset NC, LLC entered a Master Repurchase Agreement with Nomura Corporate Funding Americas, LLC dated October 2, 2026.
- Facility provides aggregate uncommitted financing of up to $125 million; loanDepot may sell and later repurchase residential mortgage loans and, subject to conditions, REO property interests.
- Agreement expires September 30, 2027 unless extended or terminated earlier; borrowings benchmarked to Daily Simple SOFR under the Pricing Side Letter.
- Company must cure any margin deficit at Buyer's request; an event of default allows acceleration of repurchases and termination of financing.
- Nomura Corporate Funding Americas, LLC is buyer; loanDepot.com, LLC acts as seller and servicer, and REO Subsidiary holds contributed REO property.