Home builder, M.D.C. Holdings, has announced the resignation of Vilia Valentine, vice president of finance, corporate controller, and chief accounting officer, effective as of Jan. 4, 2012.

The company agreed to retain Valentine, on a consulting basis, to continue to serve as principal financial officer and principal accounting officer through the date the company files its Form 10-K for the year ending Dec. 31, 2011, which is anticipated to occur on or about Feb. 2. The company has determined that, during the period of the consulting arrangement, it will actively pursue the replacement for its CFO position, which previously had been vacated.