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PulteGroup Extends Mortgage Agreement with JPMorgan Chase

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PulteGroup Extends Mortgage Agreement with JPMorgan Chase

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PulteGroup ( (PHM) ) just unveiled an update.

On August 13, 2025, Pulte Mortgage LLC, a subsidiary of PulteGroup, entered into a Third Amendment to its Master Repurchase Agreement with JPMorgan Chase. This amendment extends the agreement’s term to August 12, 2026, and sets a maximum aggregate commitment of $625 million, with a potential increase to $675 million, impacting the company’s mortgage loan origination financing.

The most recent analyst rating on (PHM) stock is a Hold with a $119.00 price target. To see the full list of analyst forecasts on PulteGroup stock, see the PHM Stock Forecast page.

Spark’s Take on PHM Stock

According to Spark, TipRanks’ AI Analyst, PHM is a Outperform.

PulteGroup’s overall stock score reflects strong financial performance and valuation, offset by mixed earnings call results and limited technical analysis data. The company’s strategic focus on geographic and buyer diversity, along with prudent financial management, supports its stability, but challenges in key markets and recent revenue declines temper the outlook.

To see Spark’s full report on PHM stock, click here.

More about PulteGroup

PulteGroup, Inc. operates in the homebuilding industry, primarily focusing on the construction and sale of homes, as well as providing mortgage banking services through its subsidiary, Pulte Mortgage LLC.

Average Trading Volume: 2,074,666

Technical Sentiment Signal: Strong Buy

Current Market Cap: $24.33B

Find detailed analytics on PHM stock on TipRanks’ Stock Analysis page.

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