Hovnanian Enterprises, Inc. is a builder of residential homes. The Company designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. The Company has two distinct operations: homebuilding and financial services. The Company's homebuilding operations consist of six segments: Northeast, Mid-Atlantic, Midwest, Southeast, Southwest and West. Northeast includes New Jersey and Pennsylvania; Mid-Atlantic includes Delaware, Maryland, Virginia, Washington, D.C. and West Virginia; Midwest includes Illinois, Minnesota and Ohio; Southeast includes Florida, Georgia, North Carolina and South Carolina; Southwest includes Arizona and Texas, and West includes California. The Company's financial services operations provide mortgage loans and title services to the customers of its homebuilding operations.