WLH Enterprises S4 Registration of securities issued in business combination transactions | SEC 11 Apr 13

Exhibit 3.49

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DEAN HELLER

Secretary of State

206 North Carson Street

Carson City, Nevada 89701-4299

(775) 684 5708

Website: secretaryofstate.biz

Articles Of Organization

Limited-Liability Company

(PURSUANT TO NRS 86)

FILED # LLC 6548.04

MAR 3 0 2004

Important: Read attached instructions before completing form. ABOVE SPACE IS FOR OFFICE USE ONLY

1. Name of Limited-Liability Company Mountain Falls, LLC

2. Resident Agent Name and Street Address: (must be a Nevada address where process may be served) Goold, Patterson, Ales, Roadhouse & Day, Chtd.

Name 4496 South Pecos Road Las Vegas NEVADA 89121

Physical Street Address City Zip Code

Additional Mailing Address City State Zip Code

3. Dissolution Date: (OPTIONAL-see instructions) Latest date upon which the company is to dissolve (if existence is not perpetual):

4. Management. (check one) Company shall be managed by Manager(s) OR X Members

5. Names Addresses, of Manager(s) or Members: (attach additional pages as necessary) William Lyon Homes, Inc.

Name

500 Pilot Road, Suite G Las Vegas Nevada 89119

Address City State Zip Code

Name

Address City State Zip Code

Name

Address City State Zip Code

6. Names, Addresses and Signatures of Organizers (if more than one organizer attach additional page) Barry S. Goold

Name Signature

4496 South Pecos Road Las Vegas Nevada 89121

Address City State Zip Code

7. Certificate of Acceptance of Appointment of Resident Agent: I hereby accept appointment as Resident Agent for the above named limited-liability company.

Authorized Signature of R.A. or On Behalf of R.A. Company Date March 30, 2004

This form must be accompanied by appropriate fees. See attached fee schedule.

Nevada Secretary of State Form LLC Arts .2003 Revised on 09/29/03

3/30/2004 2:27:17 PM $260.00 CL 020040330-0604

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INITIAL LIST OF MANAGER OR MEMBERS AND RESIDENT AGENT OF FILE NUMBER

Mountain Falls, LLC

LLC006548-2004

(Name of Limited-Liability Company)

FOR THE FILING PERIOD OF March 2004 TO March 2005

The corporation’s duty appointed resident agent in the State of Nevada upon whom process can be served is:

Goold, Patterson, Ales, Roadhouse, & Day, Chtd.

4496 South Pecos Road

Las Vegas, Nevada 89121

CHECK BOX IF YOU REQUIRE A FORM TO UPDATE YOUR RESIDENT AGENT INFORMATION

Important. Read instructions before completing and returning this form.

THE ABOVE SPACE IS FOR OFFICE USE ONLY

1. Print or type names and addresses, either residence or business, for all managers or members. A managers, or if none, a member of the company must sign the form. FORM WILL BE RETURNED IF UNSIGNED.

2. If there are additional managers or members, attach a list of them to this form.

3. Return the completed from with the $125.00 filing fee. A $75.00 penalty must be added for failure to file this form by the last day of first month following organization date.

4. Make your check payable to the Secretary of State. Your cancelled check will constitute a certificate to transact business. To receive a certified copy, enclose an additional $30.00 and appropriate instructions.

5. Return the completed form to: Secretary of State, 202 North Carson Street, Carson City, NV 89701-4201, (755) 684-5708.

6. Form must be in the possession of the Secretary of State on or before the last day of the first month following the initial registration date. (Postmark date is not accepted as receipt date.) Forms received after due date will be returned for additional fees and penalties.

FILING FEE: $125.00 LATE PENALTY: $75.00