<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> NOV-30-1998 <PERIOD-START> DEC-01-1998 <PERIOD-END> MAY-31-1998 <CASH> 17,686 <SECURITIES> 63,962<F1> <RECEIVABLES> 349,190 <ALLOWANCES> 0 <INVENTORY> 1,049,788 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,631,455 <CURRENT-LIABILITIES> 0 <BONDS> 528,814<F2> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 39,854 <OTHER-SE> 370,383 <TOTAL-LIABILITY-AND-EQUITY> 1,631,455 <SALES> 944,026 <TOTAL-REVENUES> 963,704 <CGS> 773,872 <TOTAL-COSTS> 781,008<F3> <OTHER-EXPENSES> 131,736<F4> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14,799 <INCOME-PRETAX> 38,920 <INCOME-TAX> 13,600 <INCOME-CONTINUING> 25,320 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 25,320 <EPS-PRIMARY> 0.65 <EPS-DILUTED> 0.62 <FN> <F1>MARKETABLE SECURITIES ARE COMPRISED OF FIRST MORTGAGES AND MORTGAGE-BACKED SECURITIES WHICH ARE HELD FOR LONG-TERM INVESTMENT. THE MORTGAGE-BACKED SECURITIES SERVE AS COLLATERAL FOR RELATED COLLATERALIZED MORTGAGE OBLIGATIONS. <F2>BONDS ARE COMPRISED OF SENIOR AND SENIOR SUBORDINATED NOTES AND COLLATERALIZED MORTGAGE OBLIGATIONS. <F3>TOTAL COSTS INCLUDE INTEREST EXPENSE ON THE COLLATERALIZED MORTGAGE OBLIGATIONS AS THE ASSOCIATED INTEREST INCOME GENERATED FROM THE MORTGAGE-BACKED SECURITIES IS INCLUDED IN TOTAL REVENUES. <F4>OTHER EXPENSES ARE COMPRISED OF SELLING, GENERAL AND ADMINISTRATIVE EXPENSES. </FN>