Denver-based M.D.C. Holdings, Inc. and its subsidiaries are involved in the homebuilding and financial service sectors. The company's focus is on the construction and sale of single-family detached homes under the Richmond American Homes brand to first-time and first-time move-up homebuyers. With operations spanning across Arizona, California, Nevada, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Alabama, Florida, Maryland, Pennsylvania, Tennessee and Virginia, this homebuilder is a major player in the US housing market. Its financial services arm originates mortgage loans for homebuyers, provides insurance coverage for homes sold by its homebuilding subsidiaries and subcontractors, acts as a re-insurer on claims, and offers title agency services in several states. Founded in 1972, the company continues to make waves in the sector.