1 EXHIBIT 21. LIST OF SUBSIDIARIES AND PARTNERSHIPS OF THE REGISTRANT. SUBSIDIARY STATE OR COUNTRY OF INCORPORATION ORGANIZATION ---------- ---------------------------------------------- 100% OWNED ENTITIES CMH MANUFACTURING, INC. (3) TENNESSEE CMH HOMES, INC. (3) TENNESSEE VANDERBILT MORTGAGE & FINANCE, INC. TENNESSEE CLAYTON-VANDERBILT, INC. (3) ARIZONA VANDERBILT PROPERTY AND CASUALTY INSURANCE CO., LTD (3) BRITISH VIRGIN ISLANDS CMH INSURANCE AGENCY, INC. (3) TENNESSEE CABS, INC. (2) TENNESSEE CMH PARKS, INC. (3) TENNESSEE CMH CAPITAL, INC. DELAWARE VANDERBILT SPC, INC. (2) DELAWARE CMH SERVICES, INC. TENNESSEE CMH OF KY, INC. (5) KENTUCKY 50% TO 99% OWNED ENTITIES CLAYTON'S - TULLAHOMA, INC. (4) TENNESSEE VANDERBILT LIFE AND CASUALTY INSURANCE CO., LTD (3) BRITISH VIRGIN ISLANDS COMMUNITY SALES, INC. (1) COLORADO EASTERN STATES LIFE INSURANCE CO., INC. (3) TURKS & CAICOS ISLANDS MIDLAND STATES LIFE CO., INC. (3) TURKS & CAICOS ISLANDS (1) OWNED 100% BY CMH PARKS, INC. (2) OWNED 100% BY VANDERBILT MORTGAGE & FINANCE, INC. (3) OWNED 100% BY CMH CAPITAL, INC. (4) OWNED 50% BY CMH SERVICES, INC. (5) OWNED 95% BY CMH HOMES, INC. AND 5% BY CMH INSURANCE AGENCY, INC. PARTNERSHIP ----------- 50% TO 99% OWNED ENTITIES BLEVINS PARTNERSHIP TENNESSEE CLAYTON-CAMBRIDGE, J/V TENNESSEE REDWOOD PARTNERS LIMITED COLORADO PINE LAKE WEST ASSOCIATES LIMITED PARTNERSHIP GEORGIA CLAYTON HERITAGE, J/V TENNESSEE SOUTHGATE MOBILE HOME PARK TENNESSEE CMH MANAGEMENT, LP TENNESSEE 19