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M.d.c. Hldgs




M.D.C. Hldgs is a publicly traded company having a good stock performance result. It is a fortune 500 stock listed company trading under MDC. The company, formerly known as Mizel Development Corporation, was founded in 1972 and is headquartered in Denver, Colorado.
 
M.D.C. Holdings, Inc., through its subsidiaries, engages in the building and sale of homes under the name Richmond American Homes in the United States. The company operates in two segments, Homebuilding and Financial Services.
 
 The Homebuilding segment builds and sells primarily single-family detached homes, as well as town homes.
 
 The Financial Services segment originates or brokers mortgage loans primarily for the company’s homebuyers. It also offers third party insurance products to its homebuyers. This segment also provides title agency services in Colorado, Delaware, Florida, Illinois, Maryland, Texas, Virginia, and West Virginia. 
 
The Company has earned 505.7 million dollars as income in the last 12 months.4.9bl sales have been traced as of 31 December 2005.
 
For the past 33 years, M.D.C. Holdings, Inc. has been building and financing the American Dream for more than 125,000 families across the United States. It is building under the name of Richmond American Homes. The Company has been honored as one of the country’s most admired builders by Fortune magazine. With nearly 3,600 employees, they have operations in some of the fastest-growing markets in the country.

The MDC family also includes Home American Mortgage Corporation which provides mortgage financing primarily for Richmond American homebuyers, American Home Title and Escrow Co. and American Home Insurance Agency, Inc.

The mission of MDC is to build and finance the highest quality home at affordable price, designed to meet their customers’ needs. The objectives are to create homeowner satisfaction and lasting value for their  shareowners, and provide a rewarding work environment for their employees that encourages  the pursuit of excellence, personal growth, teamwork, and support  of the communities  in which they live.
 
 
 
 

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