loanDepot.com, LLC, a subsidiary of loanDepot Inc., has entered into a significant financial agreement with various entities, including Citibank and Nomura Corporate Funding Americas, LLC. On July 23, 2025, the company finalized the Series 2025-GT2 Indenture Supplement, which allows its subsidiary, loanDepot GMSR Master Trust, to issue $150 million in Series 2025-GT2 term notes. These notes are primarily secured by a participation certificate linked to Ginnie Mae mortgage servicing rights. The notes, priced at a variable interest rate based on SOFR, will mature on July 16, 2030, with monthly payments scheduled for the 16th of each month. The transaction, conducted privately, targets qualified institutional buyers and exempts from standard Securities Act registration requirements.
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