100 Summer Street, Suite 3232
Boston, MA 02110
July 12, 2019
26642 Towne Center Drive
Foothill Ranch, California 92610
Attention: Michelle Richardson
Re: Second Amendment to the Sixth Amended and Restated Loan and Security Agreement (the Second Amendment).
This Second Amendment is made as of the 12th day of July, 2019 (the Amendment Effective Date), to that certain Sixth Amended and Restated Loan and Security Agreement, dated November 28, 2018, as amended (the Agreement), by and between loanDepot.com, LLC (Borrower) and TIAA, FSB, (Bank).
WHEREAS, Borrower requested that Bank amend the Agreement as provided herein; and
WHEREAS, Borrower and Bank have agreed to so amend the Agreement.
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree to amend the Agreement as follows:
SECTION 1. Amendments.
(a) The following paragraphs of Section 1 of the Agreement re amended and restated in their entirety as follows:
(cccc) Revolving Loan Period means the period beginning on the Effective Date and ending on the earlier of (i) July 10, 2020, or (ii) the Termination Date.
SECTION 2. Fees. There are no other fees payable in connection with this Second Amendment.
SECTION 3. Defined Terms. Any terms capitalized but not otherwise defined herein should have the respective meanings set forth in the Agreement.
SECTION 4. Limited Effect. Except as amended hereby, the Agreement shall continue in full force and effect in accordance with its terms. Reference to this Second Amendment need not be made in the Agreement or any other instrument or document executed in connection therewith, or in any certificate, letter or communication issued or made pursuant to, or with respect to, the Agreement, any reference in any of such items to the Agreement being sufficient to refer to the Agreement as amended hereby.