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Company:  NVR INC (NVR)
Form Type:  8-K
Filing Date:  1/27/2014 
CIK:  0000906163 
Address:  11700 PLAZA AMERICA DR.
City, State, Zip:  RESTON, Virginia 20190 
Telephone:  (703) 956-4000 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
-17.8801 (-0.55%)  
Trade Time: 
Nov 17  
Market Cap: 
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Description of Business
NVR, Inc., a Virginia corporation, was formed in 1980 as NVHomes, Inc. Our primary business is the construction and sale of single-family detached homes, townhomes and condominium buildings, all of which are primarily constructed on a pre-sold basis. To more fully serve customers of our homebuilding operations, we also operate a mortgage banking and title services business. We conduct our homebuilding activities directly. Our mortgage banking operations are operated primarily through a wholly owned subsidiary, NVR Mortgage Finance, Inc. ("NVRM"). Unless the context otherwise requires, references to "NVR", "we", "us" or "our" include NVR, Inc. and its consolidated subsidiaries. We are one of the largest homebuilders in the United States. We operate in multiple locations in fourteen states and Washington, D.C., primarily in the eastern part of the United States. During 2016, approximately 23% and 11% of our home settlements occurred in the Washington, D.C.