The Ryland Group, Inc.
| New York Stock Exchange: RYL
The Ryland Group, Inc. is a homebuilders and a mortgage-finance company. The company consists of six operating business segments: four geographically-determined Homebuilding Regions; financial services and corporate. Its four geographically-determined Homebuilding Regions include North, Southeast, Texas and West. The Homebuilding Regions segment is engaged in the sales of completed homes, including single-family detached homes and attached homes, such as townhomes, condominiums and some mid-rise buildings, that share common walls and roofs. The Financial Services segment includes loan origination and mortgage, title, escrow and insurance services to its homebuyers. The Corporate segment is a non-operating business unit segment whose purpose is to support operations. Its departments are responsible for establishing operational policies and internal control standards; implementing strategic initiatives and monitoring compliance with policies and controls throughout the company's operations. Ryland Group was founded by James P. Ryan and Robert J. Gaw in 1967 and is headquartered in Westlake Village, CA.