M/I HOMES, INC. (NYSE:MHO) Files An 8-K Entry into a Material Definitive Agreement

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M/I HOMES, INC. (NYSE:MHO) Files An 8-K Entry into a Material Definitive Agreement

M/I HOMES, INC. (NYSE:MHO) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On June 21, 2019 M/I Financial, LLC (“M/I Financial”), a wholly-owned subsidiary of M/I Homes, Inc., entered into an Amendment (the “Third Amendment”) to the Mortgage Warehousing Agreement dated June 24, 2016, as amended (the “MIF Mortgage Warehousing Agreement”). The MIF Warehousing Agreement is used to finance eligible mortgage loans originated by M/I Financial.
The Third Amendment, among other things, extends the maturity date from June 21, 2019 to June 19, 2020. The other material terms of the MIF Mortgage Warehousing Agreement remain unchanged.
A copy of the Third Amendment 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.
M I HOMES INC Exhibit
EX-10.1 2 ex101mifthirdamendmenttose.htm EXHIBIT 10.1 THIRD AMENDMENT TO SECOND AR MORTGAGE WAREHOUSING AGREEMENT Exhibit Exhibit 10.1THIRD AMENDMENT TO SECOND AMENDED AND RESTATED MORTGAGE WAREHOUSING AGREEMENTThis Third Amendment to Second Amended and Restated Mortgage Warehousing Agreement (“Third Amendment”) is made as of June 21,…
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About M/I HOMES, INC. (NYSE:MHO)

M/I Homes, Inc. is a builder of single-family homes. The Company consists of two distinct operations: homebuilding and financial services. The Company’s homebuilding operations are aggregated for reporting purposes into three reporting segments: the Midwest, Mid-Atlantic and Southern regions. The Company’s financial services operations support its homebuilding operations by providing mortgage loans and title services to the customers of its homebuilding operations and is reported as its own segment. The Company conducts mortgage financing activities through its subsidiary, M/I Financial, LLC (M/I Financial), which originates mortgage loans primarily for purchasers of the Company’s homes. The Company and M/I Financial also operate majority-owned subsidiaries that provide title services to purchasers of the Company’s homes. The Company markets and sells homes primarily under the M/I Homes and Showcase Collection (exclusively by M/I Homes) brands.