UPDATE 1-Pulte Homes unit's borrowing capacity cut by a third

NEW YORK, March 17 (Reuters) - A unit of No. 3 U.S. home builder Pulte Homes Inc. (PHM.N: Quote, Profile, Research, Stock Buzz), Pulte Mortgage LLC, has had its borrowing capacity cut to $100 million from $150 million, the company said in a securities filing on Monday.

On March 14, Pulte Mortgage LLC entered into a Ninth Omnibus Amendment to its asset-backed commercial paper program, which decreases the borrowing capacity, according to a form 8-K filed with the U.S. Securities and Exchange Commission. (Reporting by Chelsea Emery, editing by Leslie Gevirtz)