secwatch.observer — SEC 8-K summary
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Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0000882184-25-000028
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DHI Mortgage extends repurchase facility to $1.4B, adds M&T Bank as buyer
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- Max aggregate commitment increased to $1.4B with accordion to $2.0B.
- Termination date extended to May 6, 2026.
- Manufacturers and Traders Trust Co. joined as a new buyer.
- Facility not guaranteed by D.R. Horton or its homebuilding/rental/Forestar units.
- Provides mortgage loan warehouse financing for DHI Mortgage, a wholly-owned subsidiary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000088218425000028/0000882184-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000088218425000028/dhi-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000882184-25-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer