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| Company Profile |
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Centex Corporation operates as a housing and housing-related services company in the United States. The company operates in four segments: Home Building, Financial Services, Construction Services, and Investment Real Estate. Its Home Building segment involves in the purchase and development of land or lots, and the construction and sale of single family homes, townhomes, and low rise condominiums. The companys Financial Services segment engages in the residential mortgage banking business, as well as other financial services relating to the residential mortgage market. These operations include mortgage origination, servicing and other related services, subprime home equity lending, and the sale of title insurance and various other insurance coverages. Its Construction Services segment involves in the construction of buildings and facilities for both private and government interests, including educational institutions, hospitals, military housing, correctional institutions, airport facilities, office buildings, hotels and resorts, and sports facilities. The companys Investment Real Estate segment develops and sells land primarily for industrial, office, multifamily, retail, residential, and mixed use projects. The company primarily operates in the United States and the United Kingdom. Centex was established in 1950 and is headquartered in Edmond, Oklahoma.
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