Standard Pacific Corp.

Standard Pacific Corp.

Sector: Operative Builders Region: CA, United States

: | New York Stock Exchange: SPF

Similar to: Persimmon Plc, ISG plc

Standard Pacific Corp. is a geographically diversified builder of single-family attached and detached homes. The company constructs homes within a wide range of price and size targeting a broad range of homebuyers, with an emphasis on move-up buyers. It operates its business through two segments: Homebuilding and Financial Services. The Homebuilding segment constructs and sells single-family attached and detached homes. The Financial Services segment includes mortgage financing, which provides mortgage financing to its homebuyers in substantially all of the markets in which it operate, and sells substantially all of the loans it originates in the secondary mortgage market; and title service operation, which provides title examinations for its homebuyers in Texas. The company was founded by Ronald R. Foell and Arthur E. Svendsen in 1965 and is headquartered in Irvine, CA.

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