loanDepot Inc., through its subsidiary loanDepot.com, LLC and its wholly-owned subsidiary loanDepot FAMSR Master Trust, has entered into a new financing arrangement involving the issuance of $200 million in Series 2025-FT1 term notes. The notes, which mature on December 19, 2030, are secured primarily by a participation interest in the portfolio excess spread from Fannie Mae mortgage servicing rights owned by the company. The variable-rate notes were sold to qualified institutional buyers in an offering exempt from SEC registration. Additionally, an amendment to the existing Base Indenture updated the definition of "Borrowing Base Deficiency" and other provisions. Citibank, N.A. serves as indenture trustee and related roles, with Nomura Corporate Funding Americas, LLC acting as administrative agent.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. loanDepot Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001831631-25-000264), on December 29, 2025, and is solely responsible for the information contained therein.
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