secwatch.observer — SEC 8-K summary
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Issuer:     M/I HOMES, INC. (MHO)
CIK:        0000799292
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0000799292-24-000088
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M/I Homes extends $300M mortgage facility to Oct 2025; adds Texas Capital Bank
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- M/I Financial extended repurchase facility maturity to October 21, 2025; maximum aggregate commitment unchanged at $300M.
- Texas Capital Bank joined as a new buyer with a $70M committed sum; JPMorgan ($90M), Truist ($70M), Huntington ($70M).
- Facility finances eligible mortgage loans originated by M/I Financial on a servicing-released basis.
- Other material terms from the October 2023 agreement remain unchanged; fee and side letters amended.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799292/000079929224000088/0000799292-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799292/000079929224000088/mho-20241022.htm
  HTML page:      https://secwatch.observer/filing/0000799292-24-000088

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