-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CbWyyhm6mTmfFcP3a2ntyNZ22yr13lnkC3bkUgcyTv96aYF/QOVmb14Ft2bF04Nz Gcw8fRJ6tw0LtZB6oTRTHQ== 0000950129-04-009601.txt : 20041208 0000950129-04-009601.hdr.sgml : 20041208 20041208141719 ACCESSION NUMBER: 0000950129-04-009601 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041206 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20041208 DATE AS OF CHANGE: 20041208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RYLAND GROUP INC CENTRAL INDEX KEY: 0000085974 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 520849948 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08029 FILM NUMBER: 041190517 BUSINESS ADDRESS: STREET 1: 24025 PARK SORRENTO STREET 2: SUITE 400 CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 8182237500 FORMER COMPANY: FORMER CONFORMED NAME: RYAN JAMES P CO DATE OF NAME CHANGE: 19720414 8-K 1 a03863e8vk.htm THE RYLAND GROUP, INC. - DECEMBER 6, 2004 e8vk
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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

December 6, 2004
Date of Report
(Date of earliest event reported)

THE RYLAND GROUP, INC.

(Exact Name of Registrant as Specified in Charter)
         
 
Maryland   001-08029   52-0849948
  		 
  		 
 
(State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)

24025 Park Sorrento, Suite 400, Calabasas, California 91302

(Address of Principal Executive Offices)                     (ZIP Code)

Registrant’s telephone number, including area code: (818) 223-7500

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:

o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

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

 

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Item 1.02 Termination of a Material Definitive Agreement
SIGNATURES

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Item 1.02 Termination of a Material Definitive Agreement

On December 6, 2004, The Ryland Group, Inc.’s wholly-owned subsidiary, Ryland Mortgage Company (“RMC”), terminated its 1996 Master Repurchase Agreement (“the agreement”) with BB&T Capital Markets. The agreement provided for borrowings of up to $80.0 million to finance mortgage-backed investment portfolio securities. Borrowings under the agreement were collateralized by the mortgage-backed securities. During the third quarter of 2004, the underlying collateral was sold and the proceeds from the sale of the collateral were used to pay off the facility. As a result of the sale of the underlying collateral, RMC no longer had a need for this borrowing facility.

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  THE RYLAND GROUP, INC.
 		  
Date: December 7, 2004  By:   /s/ David L. Fristoe    
    David L. Fristoe  
    Senior Vice President, Corporate
Controller and Chief Accounting Officer 		  
 

 

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