Now that Centex Corp. has finalized its sale of its Fairclough Homes U. K. home building operations to Miller Homes, the company is also exploring strategic alternatives, for its subprime home equity lending group, Centex Home Equity Co. This would allow Centex to focus more on its core home building related businesses. Goldman Sachs has been retained as advisor in the potential strategic alternative, the company reports and "there can be no assurance that this initiative will result in a CHEC transaction."   

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