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M.D.C. Holdings unit amends repurchase agreement

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M.D.C. Holdings unit amends repurchase agreement

M.D.C. Holdings Inc.'s wholly owned subsidiary HomeAmerican Mortgage Corp. extended the termination date of its master repurchase agreement with U.S. Bank NA to Aug. 9, 2018, from Sept. 15.

The company also adjusted the facility fee to 0.15% of the maximum aggregate commitment.