NVR (NVR) Risk Factor Changes

Extreme weather or other events, such as significant hurricanes, tornadoes, earthquakes, forest fires, floods, snowfalls, terrorist attacks or war may affect our markets, our operations and our profitability.

Our business and operations could be adversely affected by health epidemics, impacting the markets, states and local communities in which we operate.

Health epidemics could have an adverse impact on our business and operations, and the markets, states and local communities in which we operate.

In recent years, an increasing number of state and federal regulations have been enacted or proposed to reduce the impact of greenhouse gas emissions and other human activities on climate change.

We have implemented systems and processes intended to secure our information technology systems and prevent unauthorized access to or loss of sensitive, confidential and personal data, including through the use of enc…

validity of certain borrower representations in connection with the loan.

We originate several different loan products to our customers to finance the purchase of their home.

Construction defect and home warranty claims are common and can represent a substantial risk for our homebuilding operations.

We engage subcontractors to perform the actual construction of our homes.

have committed to originate with forward commitments from third parties to purchase such loans.

Our mortgage banking business is also affected by interest rate fluctuations.

High rates of inflation generally affect the homebuilding industry adversely because of their impact on interest rates and costs.

Our business and operations could be adversely affected by health epidemics, impacting the markets, states and local communities in which we operate.

default and the investors to whom we sold the loans determine that we did not underwrite the loans in accordance with their requirements, we could be required to repurchase the loans from the investor or indemnify the…

In addition, severe weather conditions and natural disasters may increase the cost of homeowner's insurance or potentially reduce insurance availability which could negatively impact demand in certain of our markets p…

Our mortgage banking operations may be responsible for losses associated with mortgage loans originated and sold to investors in the event of errors or omissions relating to certain representations and warranties that…