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Dominion Homes Receives Positive HUD Response.


DUBLIN, Ohio Dublin is a city in Delaware, Franklin, and Union counties in the U.S. state of Ohio. The population was 31,392 at the 2000 census. In 2006, the population was estimated to be 36,565[1], and Dublin continues to be one of the fastest-growing suburbs of Columbus.  -- Earlier today, Dominion Homes Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (DHFS DHFS Department of Health and Family Services
DHFS Defence Helicopter Flying School
DHFS Desert Hawk Flight Simulator
) received a letter from the U.S. Department of Housing and Urban Development (HUD Hud (hd), a pre-Qur'anic prophet of Islam. Hud unsuccessfully exhorted his South Arabian people, the Ad, to worship the One God. ) regional office regarding DHFS' responses to the recent HUD review of the procedures used by DHFS in originating HUD/FHA HUD/FHA Housing and Urban Development / Federal Housing Administration  insured mortgages.

In the letter, HUD accepted Dominion Homes Financial Services revised Quality Control Plan and closed that matter. In addition, HUD accepted the information supplied by DHFS with respect to all remaining open items, and indicated that they will be reviewing those items with the lenders that underwrote those mortgages. The letter goes on to state that "a further response by DHFS on these findings is not required." DHFS had sent a detailed response to HUD on June 22nd.

"We are pleased with the results of our HUD audit," said William G. Cornely, Chief Financial Officer of Dominion Homes, and President of DHFS. "Centennial Home Mortgage continues to offer our customers a full range of competitive mortgage services while we focus on what we do best: building high quality homes and providing exceptional service to our customers," concluded Cornely. Centennial Home Mortgage is a joint venture between Dominion Homes and Wells Fargo Home Mortgage, one of the nation's leading mortgage companies, which was formed in March of this year as a successor to DHFS.

Dominion Homes offers a variety of homes, which are differentiated by size, price, standard features and available options. The Company's "The Best of Everything" philosophy focuses on providing its customers with premium products, quality and customer service. Additional information about the Company and its homes is available on its website (www.dominionhomes.com).

Certain statements in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks, uncertainties and other factors include, but are not limited to, weather conditions, changes in general economic conditions, fluctuations in interest rates, increases in raw materials and labor costs, levels of competition and other factors described in the Company's Annual Report and Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended December 31, 2004. All forward-looking statements made in this press release are based on information presently available to the management of the Company. The Company assumes no obligation to update any forward-looking statements.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 18, 2006
Words:394
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