Short answer
loanDepot, Inc. (LDI) filed an 8-K current report with the SEC on April 30, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 1.02 (Termination of a Material Definitive Agreement). $500 million warehouse securitization notes issued by Mello Warehouse Securitization Trust 2026-1.
loanDepot, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- $500 million warehouse securitization notes issued by Mello Warehouse Securitization Trust 2026-1
- Proceeds support a revolving credit facility backed by newly originated residential mortgage loans
- Floating-rate borrowing priced at 30-day Term SOFR plus a margin
- Facility terminates April 24, 2029, unless prepaid or accelerated after default
- loanDepot obligations guaranteed by LD Holdings Group, LLC, creating subsidiary-level credit exposure
Item 1.02 · Termination of a Material Definitive Agreement
- Full prepayment and termination of the 2024-1 Securitization Facility on April 27, 2026
- Facility initially supported $300 million of mortgage-backed notes
- No borrowings outstanding at termination, limiting balance-sheet and liquidity impact
- No termination penalties incurred
- Action tied to anticipated Mello Warehouse Securitization Trust 2026-1 transaction
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other loanDepot, Inc. 8-K filings
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