PulteGroup Inc., through its wholly-owned subsidiary Pulte Mortgage LLC, has entered into a Third Amendment to its existing Master Repurchase Agreement with JPMorgan Chase and other financial entities. This amendment, signed on August 13, 2025, extends the term of the Repurchase Agreement to August 12, 2026, or until certain termination conditions are met. The amendment sets a maximum aggregate commitment of $625 million for financing the origination of mortgage loans, with a potential increase to $675 million through an accordion feature based on additional commitments from existing buyers. This agreement aims to bolster Pulte Mortgage's financial capacity in the mortgage loan sector.
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. PulteGroup 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: 0000822416-25-000055), on August 14, 2025, and is solely responsible for the information contained therein.