UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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| Item 1.01. | Entry into a Material Definitive Agreement. |
As previously disclosed, Radian Mortgage Capital LLC (“RMC”), a subsidiary of Radian Group Inc. (the “Company”) is a party to the Master Repurchase Agreement with Everbank Bank, N.A. (“Everbank”), dated as of April 30, 2025, to finance the acquisition of mortgage loans and related mortgage loan assets (the “Everbank MRA”). RMC uses the financing facility to finance its acquisition of residential mortgage loans from correspondent lenders, which are held by RMC for direct sale to mortgage investors or distribution in the capital markets through securitization.
Also, as previously disclosed, in connection with the Everbank MRA, on April 30, 2025, the Company entered into a Guaranty Agreement in favor of Everbank (the “Parent Guaranty”) to guaranty the obligations of RMC under the Everbank MRA.
Since April 2025, RMC, the Company and Everbank have amended the Everbank MRA to update pricing terms.
The Company and Everbank entered into the Second Amendment to the Everbank MRA on March 23, 2026 to decrease the maximum borrowing amount to $25 million (the “Second Amendment”).
In all other respects the terms of the Everbank MRA, including the Parent Guaranty, remain unchanged.
The foregoing summary is qualified in its entirety by reference to the full text of the Second Amendment, which is filed as Exhibit 10.1, to this Current Report on Form 8-K and incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
| 10.1 | Second Amendment, dated March 23, 2026, to that certain Master Repurchase Agreement, dated April 30, 2025, as amended, restated, supplemented or otherwise modified from time to by and among Everbank, N.A., Radian Mortgage Capital LLC, as seller and Radian Group Inc., as guarantor | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RADIAN GROUP INC. | ||||||
| (Registrant) | ||||||
| Date: March 26, 2026 | ||||||
| By: | /s/ Liane Browne | |||||
| Liane Browne | ||||||
| Senior Vice President | ||||||