Recommended Free Tools
A contract-record page reports that Granite Point Mortgage Trust’s JPMorgan repurchase facility maximum rose to $727 million in an amendment dated September 30, 2026. That is a reported facility limit—not evidence that Granite Point borrowed $727 million or has that much cash available. The September record is hosted by Justia, not an issuer SEC filing, and the available sources do not show the amount drawn.
What changed, and when?
Granite Point Mortgage Trust’s SEC Form 8-K, filed August 3, 2026, described amendments dated July 28 and July 31 that raised the facility maximum to $651 million. A later amendment record dated September 30, 2026, reports a maximum of $727 million. The later amount should not be attributed to the July amendments: it appears in a separate, later record hosted by Justia, and the available material does not establish SEC corroboration of that change.
| Disclosure | Maximum reported | What it establishes |
|---|---|---|
| Granite Point Form 8-K, filed August 3, 2026; describing July 28 and July 31 amendments | $651 million | The maximum reported in the issuer’s SEC filing for those amendments. |
| Amendment record dated September 30, 2026, hosted by Justia | $727 million | A later reported maximum; it is not an issuer SEC filing, and SEC corroboration was not located. |
Sources: SEC filing and Justia amendment record.
What kind of facility is it?
The agreement is an uncommitted master repurchase agreement between GP Commercial JPM LLC, a wholly owned Granite Point Mortgage Trust subsidiary, and JPMorgan Chase Bank, National Association. The later amendment record identifies Granite Point as guarantor.
A repurchase agreement is a financing arrangement structured around the sale of assets with an agreement to repurchase them. Here, the reported maximum describes the facility’s stated ceiling; it does not by itself show how much financing was provided or used. Because the agreement is identified as uncommitted, the maximum should not be read as a promise that the full amount is available on demand.
Do these 3 things before closing this tab:
1Clear out junk files and repair common Windows errors2Fix the driver behind crashes, sound loss and screen glitches3Repair Windows errors before they cause bigger problems#1 Best Overall
- Enough forms for 1 year for churches of approximately 150 members
- 5 3/16" x 9"
- Includes forms for church receipts, member contributions, and disbursements
Does $727 million mean Granite Point borrowed that much?
No. The cited material reports a facility maximum, not an outstanding balance, borrowing, or cash balance. It does not establish the facility’s utilization. Readers should distinguish the size of the facility from the amount, if any, Granite Point has drawn under it.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What did the July SEC filing say about other terms?
The July amendments described in the August 3 Form 8-K extended maturity to July 28, 2028, and added three 364-day options for further extension. The filing also described changes to principal-payment waterfall mechanics and to the “Unrestricted Cash” and “Minimum Tangible Net Worth” covenants.
Those terms are established for the July amendments, not necessarily for the September amendment. The available September record supports the reported increase to $727 million but does not establish whether the later amendment changed maturity, extension rights, covenants, or other provisions. Granite Point’s filing also says its summary is qualified by the complete agreements filed as exhibits.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
