Wisdom Homes of America, Inc., together with its subsidiaries, is engaged in opening and operating manufactured home retail centers in Texas. The Company's manufactured home operations are conducted through its subsidiary, Wisdom Manufactured Homes Of America, Inc. The Company's customers are homebuyers purchasing manufactured homes to place on their own homesites. The Company generally operates its retail sales centers by having inventory on the retail center lots, although customers can order homes that are shipped directly from the factory to their homesite. The Company's home retail centers are located in Tyler, Rhome and Jacksboro, Texas. The Company's subsidiaries also include Alpine Creek, Inc., White Mountain River, Inc. and Wisdom Home Loans of America, Inc.