UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934
                                (Amendment No. 2)



                                    NVR, INC.
        ----------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
        ----------------------------------------------------------------
                         (Title of Class of Securities)

                                    62944T105
        ----------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 1998
        ----------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

      / X / Rule 13d-1(b)
      /   / Rule 13d-1(c)
      /   / Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).



                                  SCHEDULE 13G
                               CUSIP NO. 62944T105


1     NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

      Quaker Capital Management Corporation
      --------------------------------------

2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                  (a)
                                                                      ---
                                                                  (b)  X
                                                                      ---
3     SEC USE ONLY

4     CITIZENSHIP OR PLACE OF ORGANIZATION

            Pennsylvania
            ------------

   NUMBER OF                  5  SOLE VOTING POWER                141,000
    SHARES
  BENEFICIALLY                6  SHARED VOTING POWER              524,400
   OWNED BY
     EACH                     7  SOLE DISPOSITIVE POWER           141,000
  REPORTING
    PERSON                    8  SHARED DISPOSITIVE POWER         524,400
     WITH

9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         665,400
         -------

10    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
      SHARES
             -----

      The Reporting  Person  disclaims  beneficial  ownership of 648,100  
      shares owned by its clients.


11    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

         6.41%
         -----

12    TYPE OF REPORTING PERSON*

          IA
         ----


                                Page 2 of 4 Pages


                                  SCHEDULE 13G
                               CUSIP NO. 62944T105


      This  constitutes  Amendment  No. 2 to the Schedule 13G of Quaker  Capital
Management  Corporation  filed with the  Securities  and Exchange  Commission on
February  11, 1997  relating  to the Common  Stock of NVR,  Inc.,  as amended by
Amendment  No. 1 filed with the  Commission on February 12,  1998(the  "Schedule
13G").

Item 4 of the Schedule 13G is hereby amended and restated to read as follows:

Item 4.     Ownership
            ---------

      (a)   The Reporting Person, in its capacity as investment adviser,  may be
            deemed to be the  beneficial  owner of 648,100  shares of the Common
            Stock of the Issuer which are owned by various  investment  advisory
            clients of the Reporting Person in accounts over which the Reporting
            Person has discretionary  authority. The filing of this report shall
            not be construed as an admission  that the Reporting  Person is, for
            purposes of Section 13(d) or 13(g) of the Act, the beneficial  owner
            of these securities.  Additionally,  the Reporting Person and/or its
            principals own 17,300 shares of the Common Stock of the Issuer.

      (b)   The shares  covered  by this  report  represent  6.41% of the Common
            Stock of the Issuer.

      (c)   None of the  clients  of the  Reporting  Person is known to own more
            than 5% of the Common Stock of the Issuer.  The Reporting Person has
            shared  voting and  dispositive  power over 524,400  shares and sole
            voting  and  dispositive  power  over  123,700  shares  owned by its
            clients  and  held  in  accounts  over  which  it has  discretionary
            authority.  The  Reporting  Person and/or its  principals  have sole
            voting and  dispositive  power over the 17,300  shares  owned by the
            Reporting Person and/or its principals.

Item 6 of the Schedule 13G is hereby amended and restated to read as follows:

Item 6.     Ownership of More than Five Percent on
            Behalf of Another Person
            ---------------------------------------

            648,100 of the shares with respect to which this report is filed are
            owned by a variety of investment  advisory  clients of the Reporting
            Person,  which clients are entitled to receive  dividends on and the
            proceeds  from the sale of such  shares.  No  client is known to own
            more than 5% of the class.


                               Page 3 of 4 Pages


                                  SCHEDULE 13G
                               CUSIP NO. 62944T105


                                    SIGNATURE

      After  reasonable  inquiry and to the best of my knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.


                              QUAKER CAPITAL MANAGEMENT CORPORATION



                                          February 14, 1999
                                          -------------------------------   
                                                       Date


                                          /s/ Mark G. Schoeppner
                                          -------------------------------
                                                     Signature


                                          Mark G. Schoeppner, President
                                          ------------------------------- 
                                                    Name/Title




                                Page 4 of 4 Pages