M/I Homes extends $300 million mortgage repurchase facility to October 21, 2025
M/I Financial, a subsidiary of M/I Homes, amended its mortgage repurchase facility with JPMorgan Chase Bank, N.A. as administrative agent, extending the term to the earlier of October 21, 2025 or an earlier termination by a governmental order or operation of law. The amendment sets a maximum aggregate commitment of $300 million, and the filing says other material terms are unchanged. The facility finances eligible mortgage loans originated by M/I Financial, so the change maintains that funding source for the company's lending arm.
Key points
- Amendment dated October 22, 2024 to the Master Repurchase Agreement dated October 24, 2023 with JPMorgan Chase Bank, N.A. as administrative agent
- Facility term extended to the earlier of October 21, 2025 or earlier termination by a governmental order or operation of law
- Maximum aggregate commitment set at $300 million; other material terms remain unchanged
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:39 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.