Financing ·
PulteGroup's wholly-owned subsidiary, Pulte Mortgage LLC, entered into a Master Repurchase Agreement with Truist Bank…
PHMPultegroup Inc
PulteGroup's wholly-owned subsidiary, Pulte Mortgage LLC, entered into a Master Repurchase Agreement with Truist Bank on August 11, 2026. This agreement establishes a financing facility to support the origination of mortgage loans by Pulte Mortgage. The arrangement provides for a maximum aggregate commitment of $625 million, subject to certain sublimits. The agreement expires on the earlier of August 10, 2027, or when buyer commitments are terminated. This transaction creates a direct financial obligation for the registrant. PulteGroup operates in the homebuilding industry, constructing and selling residential properties.