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NVR (NYSE: NVR) — Company Overview, News & Financial Data

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Company profile

NVR

About

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NVR is a homebuilding and financial services company based in Reston, Virginia. The company operates through two main business segments: homebuilding and mortgage banking. Its homebuilding division constructs and sells residential properties under brand names including Ryan Homes, NVHomes, and Heartland Homes across sixteen states and Washington, D.C. NVR also operates a Building Products division that manufactures structural building components such as wall panels and roof trusses. Complementing its construction business, NVR Mortgage and NVR Settlement Services provide mortgage financing and title services to its homebuying customers.

Snapshot

Public USOwnership
1980Year founded
5,001–10,000Employees
Reston, United StatesHead office
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Global footprint

Operations

All Locations
Reston, US
Maryland
Virginia
West Virginia
Pennsylvania
New York
New Jersey
Delaware
Indiana
Illinois
Ohio
North Carolina
South Carolina
Tennessee
Florida
Georgia
Kentucky
United States

Products and/or services of NVR

  • Single-Family Detached Homes: Construction and sale of single-family detached residential properties for first-time and move-up buyers across suburban and metropolitan markets, utilizing pre-sold customer contracts to minimize inventory risk and land holding costs.
  • Townhomes and Condominiums: Construction and sale of attached residential units, including multi-story townhouses and condominium residences, targeting urban and suburban homebuyers seeking lower-maintenance housing options in planned high-density residential development communities.
  • Building Products Manufacturing: Fabrication of prefabricated structural components, including engineered wood wall panels, roof and floor trusses, and customized framing materials, produced in specialized manufacturing facilities and delivered to active job sites.
  • Mortgage Banking Services: Provision of residential mortgage loan origination, financing, and underwriting services tailored for home purchasers, operating physical branch locations across active regional housing markets to facilitate purchase money loans.
  • Title and Settlement Services: Title insurance policy issuance, title examination, escrow account management, and real estate closing services provided to coordinate legal property ownership transfers and facilitate real estate settlement transactions for home purchases.
  • Lot Purchase Option Contracts: Acquisition of finished building lots through land option contracts with independent third-party developers, enabling structured home construction and sales while minimizing long-term raw land development risk and capital commitment.

NVR executive team

  • Mr. Paul C. SavilleExecutive Chairman of the Board
  • Mr. Eugene James BredowPresident & CEO
  • Mr. Daniel David MalzahnSenior VP, CFO & Treasurer
  • Mr. Matthew B. Kelpy CPAVP, Chief Accounting Officer & Controller
  • Mr. James M. SackGeneral Counsel & Secretary