Ryland Group - RYL- Profile

Ryland Group, Incorporated (The). The Group's principal activity is to provide homebuilding and mortgage-finance services. The Group operates in two segments: Homebuilding and Financial Services. The Homebuilding segment markets detached and attached single-family homes, which are generally targeted to entry-level and move-up buyers, as well as to active adults seeking retirement housing. Financial services segment provides mortgage-related products and services primarily for the Group's homebuilding customers. The Group arranges various types of mortgage financing, including conventional, Federal Housing Administration and Veterans Administration mortgages with various fixed-rate and adjustable-rate features. The Group operates in the United States. Homebuilding accounted for 98% of 2006 revenues and Financial Services, 2%