LoanDepot.com LLC
05/14/2024 | Press release | Distributed by Public on 05/14/2024 11:23
Asset-Backed Securitizer Report - Form ABS-15G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM ABS-15G
ASSET-BACKED SECURITIZER
REPORT PURSUANT TO SECTION 15G OF
THE SECURITIES EXCHANGE ACT OF 1934
loanDepot.com, LLC1
Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:
| ☒ |
Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period January 1, 2024 to March 31, 2024
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Date of Report (Date of earliest event reported): May 14, 2024
Commission File Number of securitizer:
Central Index Key Number of securitizer: 0001596242
Gregg Smallwood (888) 337-6888
Name and telephone number, including area code, of the person to
contact in connection with this filing
Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) ☐
Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐
Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☐
| 1 |
loanDepot.com, LLC, as securitizer, is filing this Form ABS-15G in respect of all asset-backed securities sponsored by it and outstanding during the reporting period. loanDepot.com, LLC is also a securitizer of asset-backed securities guaranteed by Ginnie Mae ("GNMA MBS"). loanDepot.com, LLC has no repurchase activity to report for the quarterly reporting period except for the specific GNMA MBS issuances described in Item 1.02 of this Form ABS-15G.
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REPRESENTATION AND WARRANTY INFORMATION
| Item 1.01 |
Initial Filing of Rule 15Ga-1 Representations and Warranties Disclosure.
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N/A
| Item 1.02 |
Periodic Filing of Rule 15Ga-1 Representation and Warranties Disclosure
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As a securitizer of GNMA MBS, loanDepot.com, LLC provides the tabular disclosures below with respect to the specific GNMA MBS issuances (identified by Pool #) for which there was reportable repurchase activity during the reporting period covered by this Form ABS-15G.
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Name of Issuing
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Check if
Registered
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Name of
Originator
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Total Assets in
ABS by
Originator (1)
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Assets That
Were Subject
of Demand
(2)(3)
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Assets That
Were
Repurchased
or Replaced
(2)(4)
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Assets
Pending
Repurchase
or
Replacement
(within cure
period)
(2)(5)
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Demand in
Dispute (2)(6)
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Demand
Withdrawn (2)
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Demand
Rejected (2)
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Entity
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# $ (%)
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# $ (%)
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# $ (%)
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# $ (%)
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# $(%)
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# $ (%)
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# $ (%)
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||
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(a)
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(b)
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(c)
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(d) (e) (f)
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(g) (h) (i)
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(j) (k) (l)
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(m) (n) (o)
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(p) (q) (r)
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(s) (t) (u)
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(v) (w) (x)
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GNMA-II Pool # CE0591
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loanDepot.com, LLC
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129 / $43,323,524 / 100%
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1 / $196,362 / 0.453%
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GNMA-II Pool # CI9095
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loanDepot.com, LLC
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142 / $38,391,577 / 100%
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|||||||
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GNMA-II Pool # CI9107
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loanDepot.com, LLC
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90 / $31,312,513 / 100%
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1 / $135,236 / 0.432%
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||||||
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GNMA-II Pool # CK0341
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loanDepot.com, LLC
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112 / $40,723,318 / 100%
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2 / $1,159,964 / 2.848%
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||||||
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GNMA-II Pool # CK0367
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loanDepot.com, LLC
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116 / $42,620,250 / 100%
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1 / $488,843 / 1.147%
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||||||
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GNMA-II Pool # CK0368
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loanDepot.com, LLC
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114 / $43,396,749 / 100%
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1 / $507,410 / 1.169%
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||||||
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GNMA-II Pool # CK0369
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loanDepot.com, LLC
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127 / $43,984,312 / 100%
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1 / $432,342 / 0.983%
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||||||
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GNMA-II Pool # CK0373
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loanDepot.com, LLC
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172 / $49,689,457 / 100%
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2 / $391,973 / 0.789%
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||||||
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GNMA-II Pool # CK0387
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loanDepot.com, LLC
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41 / $23,842,256 / 100%
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1 / $264,357 / 1.109%
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||||||
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GNMA-II Pool # CK0390
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loanDepot.com, LLC
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106 / $43,961,692 / 100%
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1 / $616,759 / 1.403%
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||||||
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GNMA-II Pool # CK0404
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loanDepot.com, LLC
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132 / $49,139,989 / 100%
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2 / $809,939 / 1.648%
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||||||
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GNMA-II Pool # CK0442
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loanDepot.com, LLC
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108 / $36,658,838 / 100%
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1 / $258,708 / 0.706%
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||||||
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GNMA-II Pool # CN2983
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loanDepot.com, LLC
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92 / $24,856,909 / 100%
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1 / $199,394 / 0.802%
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||||||
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GNMA-II Pool # CN3006
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loanDepot.com, LLC
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7 / $6,531,271 / 100%
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1 / $704,293 / 10.783%
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||||||
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GNMA-II Pool # CN3031
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loanDepot.com, LLC
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23 / $9,340,639 / 100%
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1 / $357,397 / 3.826%
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1 / $357,397 / 3.826%
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|||||
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GNMA-II Pool # CN3053
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loanDepot.com, LLC
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73 / $7,139,111 / 100%
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1 / $92,049 / 1.289%
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1 / $92,049 / 1.289%
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|||||
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GNMA-II Pool # CN3059
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loanDepot.com, LLC
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54 / $19,258,199 / 100%
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1 / $492,696 / 2.558%
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||||||
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GNMA-II Pool # CN3068
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loanDepot.com, LLC
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53 / $19,150,860 / 100%
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1 / $407,742 / 2.129%
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1 / $407,742 / 2.129%
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|||||
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GNMA-II Pool # CO5900
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loanDepot.com, LLC
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135 / $40,960,117 / 100%
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1 / $1,027,435 / 2.508%
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GNMA-II Pool # CO5903
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loanDepot.com, LLC
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103 / $40,243,502 / 100%
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1 / $468,397 / 1.164%
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GNMA-II Pool # CO5923
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loanDepot.com, LLC
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42 / $15,301,847 / 100%
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1 / $191,907 / 1.254%
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1 / $191,907 / 1.254%
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GNMA-II Pool # CO5951
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loanDepot.com, LLC
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66 / $23,725,407 / 100%
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1 / $314,832 / 1.327%
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1 / $314,832 / 1.327%
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GNMA-II Pool # CO6001
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loanDepot.com, LLC
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39 / $14,073,004 / 100%
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1 / $256,418 / 1.822%
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GNMA-II Pool # CO6010
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loanDepot.com, LLC
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61 / $25,263,107 / 100%
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1 / $262,059 / 1.037%
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1 / $262,059 / 1.037%
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GNMA-II Pool # CQ2257
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loanDepot.com, LLC
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39 / $13,650,106 / 100%
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1 / $311,307 / 2.281%
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1 / $311,307 / 2.281%
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GNMA-II Pool # CQ2258
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loanDepot.com, LLC
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17 / $4,437,126 / 100%
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1 / $227,920 / 5.137%
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GNMA-II Pool # CQ2282
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loanDepot.com, LLC
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61 / $23,412,401 / 100%
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1 / $110,852 / 0.473%
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GNMA-II Pool # CQ2290
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loanDepot.com, LLC
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35 / $11,773,113 / 100%
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1 / $323,156 / 2.745%
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GNMA-II Pool # CQ2320
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loanDepot.com, LLC
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81 / $7,667,973 / 100%
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1 / $87,936 / 1.147%
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1 / $87,936 / 1.147%
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GNMA-II Pool # CR2848
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loanDepot.com, LLC
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41 / $15,708,118 / 100%
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1 / $314,967 / 2.005%
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GNMA-II Pool # CR2898
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loanDepot.com, LLC
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40 / $16,638,029 / 100%
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1 / $91,056 / 0.547%
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1 / $91,056 / 0.547%
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GNMA-II Pool # CR2914
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loanDepot.com, LLC
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20 / $9,097,353 / 100%
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1 / $352,034 / 3.87%
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1 / $352,034 / 3.87%
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|||||
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GNMA-II Pool # CR3026
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loanDepot.com, LLC
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54 / $4,120,412 / 100%
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1 / $57,997 / 1.408%
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GNMA-II Pool # CS5605
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loanDepot.com, LLC
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23 / $6,790,772 / 100%
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1 / $241,595 / 3.558%
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1 / $241,595 / 3.558%
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GNMA-II Pool # CS5641
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loanDepot.com, LLC
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32 / $7,163,575 / 100%
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1 / $188,411 / 2.63%
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1 / $188,411 / 2.63%
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GNMA-II Pool # CS5703
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loanDepot.com, LLC
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51 / $18,108,639 / 100%
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1 / $198,571 / 1.097%
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1 / $198,571 / 1.097%
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1 / $730,539 / 4.034%
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GNMA-II Pool # CS5751
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loanDepot.com, LLC
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50 / $8,078,227 / 100%
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1 / $172,370 / 2.134%
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1 / $172,370 / 2.134%
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GNMA-II Pool # CS5752
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loanDepot.com, LLC
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101 / $13,114,946 / 100%
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1 / $132,442 / 1.01%
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1 / $132,442 / 1.01%
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GNMA-II Pool # CT9947
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loanDepot.com, LLC
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139 / $29,464,624 / 100%
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1 / $200,703 / 0.681%
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1 / $200,703 / 0.681%
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GNMA-II Pool # CU0006
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loanDepot.com, LLC
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23 / $9,062,544 / 100%
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1 / $356,703 / 3.936%
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GNMA-II Pool # CU0132
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loanDepot.com, LLC
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67 / $10,741,257 / 100%
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1 / $142,913 / 1.331%
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1 / $142,913 / 1.331%
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GNMA-II Pool # CY0584
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loanDepot.com, LLC
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14 / $5,594,797 / 100%
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1 / $345,668 / 6.178%
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1 / $345,668 / 6.178%
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|||||
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GNMA-II Pool # CZ4641
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loanDepot.com, LLC
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31 / $5,771,732 / 100%
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1 / $186,160 / 3.225%
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1 / $186,160 / 3.225%
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GNMA-II Pool # Grand Total
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loanDepot.com, LLC
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3,056 / $953,284,192 / 100%
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19 / $4,277,152 / 0.449%
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25 / $6,484,720 / 0.68%
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1 / $356,703 / 0.037%
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20 / $7,968,389 / 0.836%
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0 / $ / 0%
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0 / $ / 0%
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1) |
The information reported in columns (d) through (f) is by principal balance of pool assets at the time of the respective securitization.
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2) |
The information reported in columns (g) through (x) is for the reporting period and the respective percentages are determined using principal balance of pool assets as of the reporting period end date.
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3) |
The information reported herein describes repurchases of certain assets from the applicable GNMA pool as required by the GNMA guidelines, regardless of whether an actual demand to repurchase such assets was ever made by GNMA or a third party. All of the assets identified in columns (g) through (i) were identified by the Originator for repurchase during the reporting period, and were not the subject of a demand by GNMA or a third party.
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4) |
Each asset identified in columns (j) through (l) was either repurchased by the Originator during the reporting period or was paid off in full by the borrower(s) during such period. Nineteen (19) of the assets identified in columns (j) through (l) were identified by the Originator for repurchase during the reporting period and six (6) of the assets identified in columns (j) through (l) were identified by the Originator for repurchase during a prior reporting period.
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5) |
The asset identified in columns (m) through (o) was identified by GNMA for repurchase during a prior reporting period.
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6) |
All of the assets identified in columns (p) through (r) were identified by GNMA for repurchase during prior reporting periods. The Originator has not received a response from GNMA regarding its position.
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| Item 1.03 |
Notice of Termination of Duty to File Reports under Rule 15Ga-1
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N/A
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: May 14, 2024
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LOANDEPOT.COM, LLC.
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(Securitizer)
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By:
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/s/ Jeff DerGurahian
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Name:
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Jeff DerGurahian
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Title:
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Chief Capital Markets Officer
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