Item 1.01 Entry into a Material Definitive Agreement.

Citibank Repurchase Facility Amendment

On January 9, 2020, GP Commercial CB LLC, a wholly-owned subsidiary of Granite Point Mortgage Trust Inc. (the "Company"), entered into an amendment (the "Citibank Amendment") to that certain previously disclosed Master Repurchase Agreement, dated as of June 28, 2017, as amended, with Citibank, N.A. ("Citibank"). In connection with an increase in the maximum facility amount of the Company's repurchase facility with Citibank to $500 million, the Citibank Amendment extends the stated facility expiration date to January 9, 2023.

The foregoing description of the Citibank Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Citibank Amendment which is filed herewith as Exhibit 10.1 and is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

--------------------------------------------------------------------------------

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits.
Exhibit No.     Description

       10.1       Third Amendment to Master Repurchase Agreement and Other Transaction
                Documents, dated as of January 9, 2020, by and between GP Commercial CB
                LLC and Citibank N.A., and acknowledged and agreed to by Granite Point
                Mortgage Trust Inc.
        104     Cover Page Interactive Data File, formatted in Inline XBRL.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses