loanDepot, Inc. Form 8-K Filing
On April 27, 2026, loanDepot, Inc. (the "Company"), through its indirect subsidiaries Mello Warehouse Securitization Trust 2026-1 and loanDepot.com, LLC, entered into an Indenture with U.S. Bank Trust Company, National Association. This transaction involves the issuance of $500 million in MWST Notes, backed by a revolving warehouse line of credit secured by residential mortgage loans. These loans must meet specific criteria set by Fannie Mae, Freddie Mac, or Ginnie Mae, or be jumbo mortgage loans adhering to loanDepotβs guidelines. The Master Repurchase Agreement governs the terms of these loans, with a Guaranty from LD Holdings Group, LLC. The MWST Notes bear interest at 30-day Term SOFR plus a margin and are set to terminate on April 24, 2029, or earlier upon optional prepayment or event of default. Concurrently, loanDepot prepaid its 2024-1 Securitization Facility, terminating associated agreements without incurring penalties, as no borrowings were outstanding.