Radian (NYSE: RDN) trims Everbank mortgage loan facility to $25M

Rhea-AI Filing Summary

Radian Group Inc., through its subsidiary Radian Mortgage Capital LLC, amended its mortgage loan financing facility with Everbank Bank, N.A. The Second Amendment to the Master Repurchase Agreement decreases the maximum borrowing amount to $25 million, while all other terms, including the parent guaranty by Radian Group Inc., remain unchanged.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

RADIAN GROUP INC false 0000890926 0000890926 2026-03-23 2026-03-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 23, 2026

Radian Group Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware		1-11356		23-2691170
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

550 East Swedesford Road, Suite 350

Wayne, Pennsylvania, 19087

(Address of Principal Executive Offices, and Zip Code)

(215) 231-1000

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.001 par value per share		RDN		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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

FAQ

What change did Radian Group Inc. (RDN) make to its Everbank facility?

Radian Group Inc. reduced the maximum borrowing capacity under its Master Repurchase Agreement with Everbank Bank, N.A. to $25 million. All other terms of the agreement, including the parent guaranty, remain in place following this Second Amendment.

What is the purpose of Radian Mortgage Capital LLC’s Everbank MRA?

Radian Mortgage Capital LLC uses the Everbank Master Repurchase Agreement to finance acquisitions of residential mortgage loans from correspondent lenders. These loans are then held for direct sale to mortgage investors or for distribution in the capital markets through securitization transactions.

Did the guaranty from Radian Group Inc. change in this amendment?

No, the parent guaranty from Radian Group Inc. in favor of Everbank remains unchanged. The Second Amendment only decreases the maximum borrowing amount under the Master Repurchase Agreement while leaving the guaranty and other terms as previously structured.

When was the Second Amendment to the Everbank MRA executed?

The Second Amendment to the Everbank Master Repurchase Agreement was entered into on March 23, 2026. It follows earlier amendments made since April 2025, which primarily updated pricing terms under the mortgage loan financing facility.

Who are the parties to the amended Master Repurchase Agreement with Everbank?

The amended Master Repurchase Agreement is among Everbank Bank, N.A., Radian Mortgage Capital LLC as seller, and Radian Group Inc. as guarantor. The structure continues the existing roles while reducing the facility’s maximum borrowing capacity to $25 million.

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EX-10.1 53.5 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 17.6 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.0 KB