loanDepot Enters New Agreements, Terminates Others

TL;DR

loanDepot just signed some deals and ditched others, watch their financials.

AI Summary

On November 14, 2025, loanDepot, Inc. entered into a material definitive agreement and terminated another. The company also created a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details regarding the nature of these agreements and obligations are not provided in this filing excerpt.

Why It Matters

This filing indicates significant changes in loanDepot's contractual and financial obligations, which could impact its future financial performance and operational structure.

Risk Assessment

Risk Level: medium — The filing indicates material changes in agreements and financial obligations, the specifics of which are not fully detailed, creating uncertainty.

Key Players & Entities

• loanDepot, Inc. (company) — Registrant
• November 14, 2025 (date) — Date of Report
• 6561 Irvine Center Drive (location) — Principal Executive Offices Address
• Irvine, California (location) — Principal Executive Offices City and State
• 92618 (location) — Principal Executive Offices Zip Code
• (888) 337-6888 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — hich registered Class A Common Stock, $0.001 Par Value LDI New York Stock Exchange
• $300 m — Notes have a maximum purchase price of $300 million, which will be reduced to $150 mi
• $150 million — $300 million, which will be reduced to $150 million after the issuance of the initial serie
• $300 million — for a revolving line of credit of up to $300 million available to the Company that was secur
• $291,200,00 — t Agreement on the termination date was $291,200,00 and such borrowings were transferred to

Filing Documents

• ldi-20251114.htm (8-K) — 37KB
• exhibit101baseindenture.htm (EX-10.1) — 1757KB
• exhibit1011.htm (EX-10.1 1) — 130KB
• exhibit1012.htm (EX-10.1 2) — 590KB
• exhibit1013.htm (EX-10.1 3) — 713KB
• exhibit1014.htm (EX-10.1 4) — 131KB
• exhibit1015.htm (EX-10.1 5) — 47KB
• image_0a.jpg (GRAPHIC) — 2KB
• image_0b.jpg (GRAPHIC) — 2KB
• 0001831631-25-000229.txt ( ) — 4037KB
• ldi-20251114.xsd (EX-101.SCH) — 2KB
• ldi-20251114_def.xml (EX-101.DEF) — 3KB
• ldi-20251114_lab.xml (EX-101.LAB) — 23KB
• ldi-20251114_pre.xml (EX-101.PRE) — 14KB
• ldi-20251114_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On November 14, 2025, loanDepot.com, LLC (the "Company"), an indirect subsidiary of loanDepot, Inc., entered into a participation agreement pursuant to which the Company, as initial participant, was issued a participation certificate representing beneficial interests in excess spread (the "Excess Spread PC") relating to Fannie Mae mortgage servicing rights (the "FNMA MSRs") owned by the Company. The Company entered into a master repurchase agreement with one of its wholly-owned subsidiaries, loanDepot FAMSR Master Trust (the "Issuer"), pursuant to which the Company sold all of its rights, title and interest in the Excess Spread PC and pledged the FNMA MSRs to the Issuer, which in turn entered into a base indenture (the "Base Indenture") to finance the Excess Spread PC and the FNMA MSRs. Pursuant to the terms of the Base Indenture, the Issuer may, from time to time, pursuant to the terms of any supplemental indenture, issue to institutional investors variable funding notes or one or more series of term notes, in each case secured by a pledge of the Excess Spread PC and the FNMA MSRs (collectively, the "FNMSR Facility"). In connection with the FNMSR Facility, the Company has entered into to: (i) the Participation Agreement, dated as of November 14, 2025, between the Company, as company, and as the Company, as initial participant, as the same may be amended, restated, supplemented or otherwise modified from time to time; (ii) the Base Indenture, dated as of November 14, 2025, by and among the Issuer, Citibank, N.A., as indenture trustee (the "Indenture Trustee"), calculation agent (the "Calculation Agent"), paying agent (the "Paying Agent") and securities intermediary (the "Securities Intermediary"), the Company, as servicer and administrator, and Nomura Corporate Funding Americas, LLC ("NCFA"), as administrative agent (in such capacity, the "Administrative Agent"), as the same may be amended, restated, suppleme

02 Termination of Material Definitive Agreement

Item 1.02 Termination of Material Definitive Agreement. On November 14, 2025, in connection with the issuance of the Series 2025-VF1 Notes by the Issuer, the Company and loanDepot FA Agency MSR, LLC, a Delaware limited liability company and direct, wholly-owned subsidiary of the Company, as borrower, terminated a revolving line of credit provided by NCFA, as administrative agent and sole lender. The terminated facility provided for a revolving line of credit of up to $300 million available to the Company that was secured by certain of the Company's mortgage servicing rights with respect to mortgage loans serviced for Fannie Mae pursuant to the Fannie Mae servicing contract and other collateral listed in the Credit Agreement, dated as of December 15, 2023 (as amended, restated, supplemented or otherwise modified from time to time, the "Credit Agreement"). The maturity date of the Credit Agreement was May 29, 2026. The outstanding principal balance owed under the Credit Agreement on the termination date was $291,200,00 and such borrowings were transferred to the FNMSR Facility described in 1.01 above. The Company did not incur any termination penalties as a result of the termination of this facility. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. All information set forth in Item 1.01 of this Form 8-K is incorporated by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1*# Base Indenture, dated November 14, 2025, by and among loanDepot FAMSR Master Trust, as issuer, Citibank, N.A., as indenture trustee, calculation agent, paying agent and securities intermediary, Nomura Corporate Funding Americas, LLC, as administrative agent, and loanDepot.com, LLC, as servicer and administrator. 10.1.1*# Series 2025-VF1 Indenture Supplement, dated as November 14, 2025, by and among loanDepot FAMSR Master Trust, as issuer Citibank, N.A., as indenture trustee, calculation agent, paying agent and the securities intermediary, Nomura Corporate Funding Americas, LLC, as administrative agent, and loanDepot.com, LLC, as servicer and administrator. 10.1.2*# Master Repurchase Agreement, dated as of November 14, 2025, by and between loanDepot FAMSR Master Trust, as buyer, and loanDepot.com, LLC, as seller. 10.1.3*# Series 2025-VF1 Master Repurchase Agreement, dated as of November 14, 2025, by and between Nomura Corporate Funding Americas, LLC, as administrative agent and buyer, and loanDepot.com, LLC, as seller. 10.1.4*# Participation Agreement, dated as of November 14, 2025, between loanDepot.com, LLC, as company and as initial participant. 10.1.5*# Guaranty of LD Holdings Group LLC made in favor of Nomura Corporate Funding Americas, LLC, dated as of November 14, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) # Certain portions of this exhibit have been redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K. The Company agrees to furnish supplementally an unredacted copy of the exhibit to the Securities and Exchange Commission upon its request. * Filed herewith SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. loanDepot, Inc. By: /s/ David Hayes Name: David