Latham & Watkins Advises Initial Purchasers on CrossCountry Mortgage's US$750 Million Senior Notes Offering

CrossCountry Mortgage, LLC, the nation's largest distributed-retail mortgage lender, has announced that its direct parent company, CrossCountry Intermediate HoldCo, LLC, priced its upsized offering of US$750 million aggregate principal amount of 7.750% senior notes due 2031. The offering is expected to close on or about August 13, 2026, subject to the satisfaction of customary closing conditions.

Latham & Watkins LLP advised the initial purchasers in the offering with a corporate team led by New York partner Keith Halverstam and Washington, D.C./New York partner Chuck Cassidy, with associates Robyn Sablove, Jessmine Lee, and Christelle Tchaou, and assistance from Eva Gu. Advice was also provided on tax matters by partner Aaron Bernstein and counsel Will Kessler, with associate James Aldred.