Ryan Homes
Encyclopedia
NVR, Inc. is a United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...

 development company. The homebuilding
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...

 unit sells and constructs homes under the Ryan Homes, NVHomes, Rymarc Homes and Fox Ridge Homes trade names.

Homebuilding

Ryan Homes
Founded in 1948, Ryan Homes was originally established to provide affordable housing in the growing economy after World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

. Ryan Homes has constructed almost 300,000 homes.

NVHomes
Established in 1979, NVHomes operates primarily in the Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....

 and Baltimore
Baltimore
Baltimore is the largest independent city in the United States and the largest city and cultural center of the US state of Maryland. The city is located in central Maryland along the tidal portion of the Patapsco River, an arm of the Chesapeake Bay. Baltimore is sometimes referred to as Baltimore...

 metropolitan areas.

Rymarc Homes
Founded in 1982, Rymarc Homes serves the Columbia, South Carolina
Columbia, South Carolina
Columbia is the state capital and largest city in the U.S. state of South Carolina. The population was 129,272 according to the 2010 census. Columbia is the county seat of Richland County, but a portion of the city extends into neighboring Lexington County. The city is the center of a metropolitan...

 area, and markets its homes primarily to first-time homebuyers.

Fox Ridge Homes
Founded in 1961, Fox Ridge Homes primarily serves the first-time and first-time move-up markets in the Nashville, Tennessee
Nashville, Tennessee
Nashville is the capital of the U.S. state of Tennessee and the county seat of Davidson County. It is located on the Cumberland River in Davidson County, in the north-central part of the state. The city is a center for the health care, publishing, banking and transportation industries, and is home...

 area.

Mortgage Banking

NVR Mortgage banking operates from sixteen branches, primarily to serve NVR homebuyers. NVR Settlement Services primarily serve title and settlement services to homebuyers, also.

Delaware lawsuit

The attorney general of Delaware
Delaware
Delaware is a U.S. state located on the Atlantic Coast in the Mid-Atlantic region of the United States. It is bordered to the south and west by Maryland, and to the north by Pennsylvania...

, Beau Biden
Beau Biden
Joseph Robinette "Beau" Biden III is an American lawyer, Army JAG officer, and politician from Wilmington, Delaware. He serves as the Attorney General of Delaware and a Major in the Delaware Army National Guard...

, and his office, filed a 39-count consumer fraud lawsuit against NVR, Inc., while doing business under the "Ryan Homes" name. Ryan Homes staff were alleged to have made false statements about the development of various community amenities in the specific development according to the complaints filed. The case was settled on April 1, 2010.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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