{"id":865634,"date":"2025-07-01T11:01:23","date_gmt":"2025-07-01T15:01:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nvr-inc-appoints-new-member-to-board-of-directors\/"},"modified":"2025-07-01T11:01:23","modified_gmt":"2025-07-01T15:01:23","slug":"nvr-inc-appoints-new-member-to-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nvr-inc-appoints-new-member-to-board-of-directors\/","title":{"rendered":"NVR, INC. APPOINTS NEW MEMBER TO BOARD OF DIRECTORS"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">RESTON, Va.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">July 1, 2025<\/span><\/span> \/PRNewswire\/ &#8212;<b> NVR, Inc. (NYSE: NVR)<\/b> announced today that <span class=\"xn-person\">Michael J. DeVito<\/span> has been appointed to its Board of Directors as an independent director effective <span class=\"xn-chron\">July 1, 2025<\/span>.<\/p>\n<p>Mr. DeVito was the Chief Executive Officer and an Executive Director of Federal Home Loan Mortgage Corporation (Freddie Mac), one of the largest providers of mortgage financing in the country, from 2021 to 2024. Prior to working for Freddie Mac, Mr. DeVito worked for twenty-four years at Wells Fargo &amp; Company in various home lending senior management positions of increasing responsibility. The last position Mr. DeVito held was Executive Vice President and Head of Home Lending.<\/p>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>About NVR<\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<p>NVR, Inc. operates in two business segments: homebuilding and mortgage banking. The homebuilding segment sells and builds homes under the Ryan Homes, NVHomes, and Heartland Homes trade names, and operates in thirty-six metropolitan areas in sixteen states and <span class=\"xn-location\">Washington, D.C.<\/span> For more information about NVR, Inc. and its brands, see <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4460033-1&amp;h=59448271&amp;u=https%3A%2F%2Fwww.nvrinc.com%2F&amp;a=www.nvrinc.com\" target=\"_blank\" rel=\"nofollow\">www.nvrinc.com<\/a>, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4460033-1&amp;h=3626113317&amp;u=https%3A%2F%2Fwww.ryanhomes.com%2F&amp;a=www.ryanhomes.com\" target=\"_blank\" rel=\"nofollow\">www.ryanhomes.com<\/a>, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4460033-1&amp;h=2264094960&amp;u=https%3A%2F%2Fwww.nvhomes.com%2F&amp;a=www.nvhomes.com\" target=\"_blank\" rel=\"nofollow\">www.nvhomes.com<\/a>\u00a0and <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4460033-1&amp;h=3148748861&amp;u=https%3A%2F%2Fwww.heartlandluxuryhomes.com%2F&amp;a=www.heartlandluxuryhomes.com\" target=\"_blank\" rel=\"nofollow\">www.heartlandluxuryhomes.com<\/a>.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH21607&amp;sd=2025-07-01\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/nvr-inc-appoints-new-member-to-board-of-directors-302495022.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/nvr-inc-appoints-new-member-to-board-of-directors-302495022.html<\/a><\/p>\n<p>SOURCE  NVR, INC.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH21607&amp;Transmission_Id=202507010900PR_NEWS_USPR_____PH21607&amp;DateId=20250701\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire RESTON, Va. , July 1, 2025 \/PRNewswire\/ &#8212; NVR, Inc. (NYSE: NVR) announced today that Michael J. DeVito has been appointed to its Board of Directors as an independent director effective July 1, 2025. Mr. DeVito was the Chief Executive Officer and an Executive Director of Federal Home Loan Mortgage Corporation (Freddie Mac), one of the largest providers of mortgage financing in the country, from 2021 to 2024. Prior to working for Freddie Mac, Mr. DeVito worked for twenty-four years at Wells Fargo &amp; Company in various home lending senior management positions of increasing responsibility. The last position Mr. DeVito held was Executive Vice President and Head of Home Lending. About NVR NVR, Inc. operates in two business &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nvr-inc-appoints-new-member-to-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NVR, INC. APPOINTS NEW MEMBER TO BOARD OF DIRECTORS&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-865634","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NVR, INC. APPOINTS NEW MEMBER TO BOARD OF DIRECTORS - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nvr-inc-appoints-new-member-to-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NVR, INC. APPOINTS NEW MEMBER TO BOARD OF DIRECTORS - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire RESTON, Va. , July 1, 2025 \/PRNewswire\/ &#8212; NVR, Inc. (NYSE: NVR) announced today that Michael J. DeVito has been appointed to its Board of Directors as an independent director effective July 1, 2025. Mr. DeVito was the Chief Executive Officer and an Executive Director of Federal Home Loan Mortgage Corporation (Freddie Mac), one of the largest providers of mortgage financing in the country, from 2021 to 2024. Prior to working for Freddie Mac, Mr. DeVito worked for twenty-four years at Wells Fargo &amp; Company in various home lending senior management positions of increasing responsibility. The last position Mr. DeVito held was Executive Vice President and Head of Home Lending. About NVR NVR, Inc. operates in two business &hellip; Continue reading &quot;NVR, INC. APPOINTS NEW MEMBER TO BOARD OF DIRECTORS&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nvr-inc-appoints-new-member-to-board-of-directors\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-01T15:01:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH21607&amp;sd=2025-07-01\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nvr-inc-appoints-new-member-to-board-of-directors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nvr-inc-appoints-new-member-to-board-of-directors\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NVR, INC. 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Prior to working for Freddie Mac, Mr. DeVito worked for twenty-four years at Wells Fargo &amp; Company in various home lending senior management positions of increasing responsibility. The last position Mr. DeVito held was Executive Vice President and Head of Home Lending. About NVR NVR, Inc. operates in two business &hellip; Continue reading \"NVR, INC. 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