secwatch.observer — SEC 8-K summary
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Issuer:     RADIAN GROUP INC (RDN)
CIK:        0000890926
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0001193125-23-105047
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radian reduces mortgage loan repurchase facility from $300M to $150M
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- Repurchase facility for residential mortgage loans reduced from $300M to $150M via Amendment No. 1 dated April 17, 2023.
- Radian Group Inc. reaffirmed its guaranty of subsidiary Radian Mortgage Capital LLC's obligations under the amended MRA.
- Facility remains uncommitted; Bank of Montreal has no obligation to fund purchases under the amended facility.
- Other terms of the Master Repurchase Agreement and Guaranty Agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890926/000119312523105047/0001193125-23-105047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890926/000119312523105047/d483884d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-105047

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