---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-122351"
form_type: "8-K"
ticker: "RDN"
cik: "0000890926"
company_name: "RADIAN GROUP INC"
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T06:05:21.818454+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Radian increases mortgage repurchase facility with BMO to $400M from $150M

## Summary
- Amendment No. 3 raises the facility size to $400 million, up from $150 million.
- Facility is uncommitted; BMO has no obligation to fund any purchase.
- Radian Group reaffirms its guaranty of subsidiary Radian Mortgage Capital's obligations.
- Facility used to finance residential mortgage loan acquisitions for securitization or sale.
- Material terms of the MRA and guaranty otherwise unchanged.

## SEC filing metadata
- accession: 0001193125-24-122351
- form_type: 8-K
- ticker: RDN
- cik: 0000890926
- company_name: RADIAN GROUP INC
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890926/000119312524122351/0001193125-24-122351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890926/000119312524122351/d828161d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-122351
- JSON: https://secwatch.observer/filing/0001193125-24-122351.json
- Plain text: https://secwatch.observer/filing/0001193125-24-122351.txt

## Key facts
- Material Agreements
  RADIAN GROUP INC amended Amendment No. 3 with Bank of Montreal valued at $400 million (effective 2024-04-24).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of Montreal
  - Value: $400 million
  - Effective: 2024-04-24
  source text: On April 24, 2024, RMC, the Company and BMO entered into Amendment No. 3 to the MRA (“Amendment No. 3”) to increase the size of the mortgage loan purchase facility from $150 million to $400 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/890926/000119312524122351/0001193125-24-122351-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.