PulteGroup Mortgage Unit Secures $625 Million Repurchase Facility
Filed with the SEC on · Summarized by InvestorsBot
Pulte Mortgage LLC, a wholly owned subsidiary of PulteGroup, entered into a Master Repurchase Agreement with Truist Bank as agent and other buyers to finance the origination of mortgage loans. The facility provides an initial maximum aggregate commitment of $625 million, subject to sublimits, and expires August 10, 2027, unless terminated earlier.