Standard Pacific Corp. is a builder of single-family attached and detached homes. The Company operates in two segments: homebuilding and financial services. The Company’s homebuilding segment operations include acquiring and developing land and construct and sell single-family attached and detached homes. The homebuilding operating segments are grouped into three segments: California; Southwest, consisting of its operating divisions in Arizona, Texas, Colorado and Nevada; and Southeast, consisting of its operating divisions in Florida and the Carolinas. The Company’s Financial Services segment includes mortgage financing operation, which provides mortgage financing to its homebuyers. Its title services operation provides title examinations for its homebuyers in Texas and Florida. It provides mortgage loans to its homebuyers through its mortgage financing subsidiary, Standard Pacific Mortgage.