Back to mobile site

loanDepot secures $125M repurchase agreement with Nomura

October 7, 2026 4:33 PM EDT

loanDepot, Inc. (NYSE: LDI) announced that its indirect subsidiary, loanDepot.com, LLC, entered into a Master Repurchase Agreement with Nomura Corporate Funding Americas, LLC on October 2, 2026.

Under the agreement, loanDepot.com, LLC may sell residential mortgage loans and, subject to certain conditions, interests in real estate owned properties to Nomura, with the option to repurchase them later. The arrangement provides for aggregate uncommitted financing of up to $125 million.

The agreement is set to expire on September 30, 2027, unless extended or terminated earlier. loanDepot's wholly-owned subsidiary, loanDepot Multi Asset NC, LLC, is also a party to the agreement as the REO Subsidiary.

The agreement includes standard representations, warranties, covenants, and events of default customary for such arrangements. The company is required to cure any margin deficit at the request of the buyer. In the event of a default, financing under the agreement may be terminated and repurchase of any sold assets could be accelerated and made immediately due at the repurchase price.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Hot Corp. News

Related Entities

Nomura, Maynard Um, Mark Zuckerberg, ARK