What are Taylor Morrison Home's Business Segments?
Our principal business is residential homebuilding and the development of lifestyle
communities with operations geographically focused in Arizona, California, Colorado,
Florida, Texas, and our newly acquired divisions in Georgia, Illinois, and North
Carolina. Our homes appeal to entry-level, move-up, 55 or better and luxury
homebuyers, with a focus on move-up customers in high-growth markets. Our homebuilding
company operates under our Taylor Morrison and Darling Homes brand names. Our
business is organized into 15 homebuilding operating divisions, and a mortgage
operating division, which are managed as four reportable segments: East, Central,
West and Mortgage Operations.
Our Mortgage Operations reportable segment provides mortgage and title services
to customers through our wholly owned mortgage subsidiary, TMHF, and our wholly
owned title services subsidiary, Inspired Title. Revenues from loan origination
are recognized at the time the related real estate transactions are completed,
usually upon the close of escrow.
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