debt
confidence high
sentiment neutral
materiality 0.50
Radian subsidiary cuts EverBank repurchase facility max from $125M to $25M
RADIAN GROUP INC
- Second Amendment effective March 23, 2026 reduces maximum borrowing under EverBank MRA to $25 million from prior $125 million commitment.
- Rebate pricing terms terminated; all other terms of the Master Repurchase Agreement and Parent Guaranty unchanged.
- Facility supports Radian Mortgage Capital's acquisition of residential mortgage loans for sale or securitization.
- Radian Group Inc. continues as guarantor; company maintains separate $900M+ in other warehouse facilities cited in compliance certificate.
- No default or event of default occurred; amendment reflects updated borrowing needs.