{"schema_version":"secwatch.filing_event.v1","accession":"0000882184-23-000075","form_type":"8-K","ticker":"DHI","cik":"0000882184","company_name":"HORTON D R INC /DE/","filed_at":"2023-04-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.581091+00:00","generated_at":"2026-06-17T04:25:08.455419+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"D.R. Horton subsidiary DHI Mortgage enters $300M repurchase facility with RBC","bullets":["DHI Mortgage (D.R. Horton unit) signed $300M repurchase facility with Royal Bank of Canada.","Facility is uncommitted; RBC has no obligation to fund purchases of eligible residential mortgage loans.","Interest rate based on SOFR plus pricing spread agreed per transaction.","Financial covenants require minimum tangible net worth, liquidity, and max debt-to-net-worth ratio.","Obligations are not guaranteed by D.R. Horton or its homebuilding/rental subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0000882184-23-000075","json":"https://secwatch.observer/filing/0000882184-23-000075.json","markdown":"https://secwatch.observer/filing/0000882184-23-000075.md","text":"https://secwatch.observer/filing/0000882184-23-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/882184/000088218423000075/0000882184-23-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/882184/000088218423000075/dhi-20230404.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T04:25:08.455419+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dcc96113c8ea48f353103ae0688381a4f0b41089","claim":"HORTON D R INC /DE/ incurred credit facility of up to $300 million with Royal Bank of Canada at SOFR plus a pricing spread.","evidence_excerpt":"The Repurchase Facility provides DHI Mortgage with uncommitted borrowing capacity of up to $300 million.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/882184/000088218423000075/0000882184-23-000075-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $300 million"},{"label":"Counterparty","value":"Royal Bank of Canada"},{"label":"Rate","value":"SOFR plus a pricing spread"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"a91bc2534fbb52d3c4cae4a57186d512170b3d75","claim":"HORTON D R INC /DE/ entered into Master Repurchase Agreement with Royal Bank of Canada valued at up to $300 million (effective 2023-04-04).","evidence_excerpt":"Effective April 4, 2023, DHI Mortgage Company, Ltd., a Texas limited partnership (“DHI Mortgage”), and a wholly-owned subsidiary of D.R. Horton, Inc., a Delaware corporation, and Royal Bank of Canada ( “RBC” ) entered into a Master Repurchase Agreement (the “Repurchase Agreement”) pursuant to which DHI Mortgage may from time to time sell to RBC, and later repurchase, eligible residential mortgage loans (the \"Repurchase Facility\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/882184/000088218423000075/0000882184-23-000075-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Royal Bank of Canada"},{"label":"Value","value":"up to $300 million"},{"label":"Effective","value":"2023-04-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}