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NVR, Inc. is a company that operates primarily in the homebuilding and mortgage banking sectors. The homebuilding segment constructs and sells single-family detached homes, townhomes, and condominium buildings under the trade names Ryan Homes, NVHomes, and Heartland Homes, targeting various buyer demographics . The company operates in thirty-six metropolitan areas across sixteen states and Washington, D.C. . The mortgage banking segment, through NVR Mortgage Finance, Inc. (NVRM), provides mortgage-related services primarily to NVR's homebuyers .
- Homebuilding - Constructs and sells single-family detached homes, townhomes, and condominium buildings under the trade names Ryan Homes, NVHomes, and Heartland Homes. Ryan Homes targets first-time and first-time move-up buyers, while NVHomes and Heartland Homes cater to move-up and luxury buyers .
- Mid Atlantic - Contributes to the company's revenue through homebuilding operations in this geographic region .
- North East - Engages in homebuilding activities, adding to the company's overall revenue .
- Mid East - Participates in homebuilding, supporting the company's revenue generation .
- South East - Involved in homebuilding, contributing to the company's revenue .
- Mortgage Banking - Provides mortgage-related services primarily to NVR's homebuyers, generating revenue from origination fees, gains on sales of loans, and title fees .