loanDepot enters up to $125 million master repurchase agreement with Nomura Corporate Funding Americas
LDI•loanDepot entered an agreement with Nomura Corporate Funding Americas for up to $125 million of uncommitted financing, expiring Sept. 30, 2027, unless extended or terminated earlier.
1. Financing agreement
The facility covers sales and later repurchases of residential mortgage loans and may also finance interests in real estate owned properties, subject to conditions. Nomura can demand cures of margin deficits; a default could end funding and accelerate repurchase obligations at the repurchase price.
