Honigman Represents Pulte Mortgage LLC in $625 Million Revolving Mortgage Loan Repurchase Facility

Announcement

Honigman recently represented Pulte Mortgage LLC, a residential mortgage lending subsidiary of PulteGroup, Inc. (NYSE: PHM), in connection with a $625 million revolving mortgage loan repurchase facility with Truist Bank, as administrative agent and swing line facility provider, and a syndicate of buyers.

The warehouse facility provides Pulte Mortgage with financing for the origination and sale of residential mortgage loans across multiple product types.

The Honigman deal team advising Pulte Mortgage on the matter was led by Partners Michelle Bleda Drew and Steven J. Migliore and included Associates Lauren Legner, and Jacob P. Stropes, with additional support from James Combs (tax) and S. Tony Ling (EBEC).

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