A home builder might think it profitable to have a mortgage business to take advantage of its captive market. Ryland Group had such synergy in mind when it jumped aggressively into the business 15 years ago.

But now the Columbia, Md., company is in the process of paring down its involvement in mortgages and focusing on its core business of building. Its Ryland Mortgage Co. will continue to originate loans for Ryland homebuyers, but will no longer retain servicing rights on new loans and plans to sell its securitization business.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.