loanDepot, Inc.: enters repurchase financing agreement for $125,000,000

What happened

• On Oct 2, 2026 the company reported that loanDepot.com, LLC, as seller and servicer, and its wholly-owned subsidiary loanDepot Multi Asset NC, LLC (the “REO Subsidiary”) entered into a Master Repurchase Agreement with Nomura Corporate Funding Americas, LLC. The filing states the Company "may sell to the Buyer, and later repurchase, residential mortgage loans and, subject to certain conditions precedent, interests in real estate owned properties."
• The Master Repurchase Agreement and certain ancillary agreements provide for aggregate uncommitted financing of up to $125,000,000 and expire on Sep 30, 2027, unless extended or earlier terminated. The filing says the agreement contains customary representations, warranties, covenants, conditions precedent to funding, events of default and indemnities, and requires the Company to cure any margin deficit at the request of the Buyer. The filing also states that on an event of default financing may be terminated and repurchase of assets could be accelerated.

Key details

• Date of agreement: Oct 2, 2026.
• Parties: loanDepot.com, LLC; loanDepot Multi Asset NC, LLC (REO Subsidiary); Nomura Corporate Funding Americas, LLC.
• Amount: up to $125,000,000 of uncommitted financing.
• Term: expires Sep 30, 2027, unless extended or earlier terminated; margin deficit cure and default acceleration provisions included.

Why it may matter

• The filing reports Item 1.01 (entry into a material definitive agreement) and Item 2.03 (creation of a direct financial obligation). Item 1.01 covers the Master Repurchase Agreement that allows sale and repurchase of residential mortgage loans and, subject to conditions, interests in real estate owned properties and sets the financing terms. Item 2.03 covers the creation of the related financing obligation under that agreement. The filing does not show why the insider traded or why the company acted.