RADIAN GROUP INC 8-K

What Happened
Radian Group Inc. (through subsidiary Radian Mortgage Capital LLC, “RMC”) filed an 8‑K reporting a Second Amendment to its Master Repurchase Agreement with Everbank, N.A. The original Master Repurchase Agreement dated April 30, 2025 (used to finance acquisition of residential mortgage loans) and the Parent Guaranty remain in place; the March 23, 2026 Second Amendment decreases the maximum borrowing amount under the facility to $25 million. Prior to this Second Amendment, RMC and the parties had amended the agreement since April 2025 to update pricing terms.

Key Details

• Parties: Radian Mortgage Capital LLC (seller), Radian Group Inc. (parent guarantor) and Everbank, N.A.
• Original agreement date: April 30, 2025 (Master Repurchase Agreement and Parent Guaranty).
• Amendment date: March 23, 2026 (Second Amendment).
• Change: Maximum borrowing amount under the Everbank Master Repurchase Agreement reduced to $25,000,000.
• All other terms of the repurchase agreement and the Parent Guaranty remain unchanged. The Second Amendment is filed as Exhibit 10.1 to the 8‑K.

Why It Matters
This filing updates investors on a material change to Radian’s financing arrangement for acquiring residential mortgage loans. The amendment formally reduces the available borrowing capacity under RMC’s Everbank repurchase facility to $25 million while leaving other terms, including the parent guaranty, intact. Investors monitoring the company’s funding sources, mortgage acquisition capacity and liquidity should note this change as part of the company’s broader financing profile.