On May 30, 2025, loanDepot FA Agency MSR, LLC, a wholly-owned subsidiary of loanDepot.com, LLC, entered into a significant amendment with Nomura Corporate Funding Americas, LLC (NCFA) regarding a credit agreement. This amendment designates NCFA as the administrative agent and sole lender, with a revolving line of credit of up to $300 million secured by certain mortgage servicing rights. The credit agreement, initially established on December 15, 2023, is set to mature on May 29, 2026. The amendment primarily serves to reflect NCFA's new role and update the agreement's expiration and financial terms.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.