Standard Pacific Corp. (SPF) is engaged in building single-family attached and detached homes. The Company operates in two segments: homebuilding, which is grouped into three divisions: California; Southwest, consisting of operating divisions in Arizona, Texas, Colorado and Nevada; and Southeast, consisting of operating divisions in Florida and the Carolinas; and financial services, which includes mortgage financing and title services operations. The Company builds homes in 25 markets through a total of 15 operating divisions. Its homes sizes typically range from approximately 1,500 to 3,500 square feet. The Company provides mortgage loans to many of its homebuyers through its mortgage financing subsidiary, Standard Pacific Mortgage. In Texas, the Company acts as a title insurance agent performing title examination services for its Texas homebuyers through its title service subsidiary, SPH Title, Inc.