NovaStar Financial , Inc.

Industry:	Banking
Ranking:	Russell 3000
Revenues:	$366.2 Million
Employees:	2,048

Description

NovaStar Financial, Inc. is engaged in operating as a non-conforming residential mortgage portfolio manager. The Company previously originated, purchased, securitized, sold, invested in and serviced residential nonconforming mortgage loans and mortgage backed securities. It retained, thorough the mortgage securities investment portfolio, interests in the nonconforming loans, originated and purchased, and through the servicing platform, serviced all of the loans in which it retained interests. During the year ended December 31, 2007, the Company discontinued the mortgage lending operations and sold the mortgage servicing rights, which subsequently resulted in the abandonment of the servicing operations.
(Source: 10-K)

Products & Services

mortgage, loans

View More Statistics

Site Statistics

Monthly Unique Visitors:	165,441
Site Rank:	11,479
Trust Rating:	Trusted
Stats by

News Archive

U.S. Court of Appeals, 8th Circuit: Boyd, et al. v. Novastar Financial, Inc., et al. Missouri Lawyers Media; 9/3/2009 ...Pleading - Class Action - PSLRA Boyd, et al. v. Novastar Financial, Inc., et al. (MLW No. 59614/ Case No. 08...court. Judgment is affirmed. Boyd, et al. v. Novastar Financial, Inc., et al. (MLW No. 59614/ Case No. 08... ...more

NOVASTAR FINANCIAL REPORTS ACQUISITION BY DIRECTOR MEHRER (MISSOURI) US Fed News Service, Including US State News; 7/15/2009 WASHINGTON, July 15 -- NovaStar Financial Inc. (NOVS.PK), Kansas City, Mo., has filed a Form 4 with the Securities and Exchange Commission noting the change in... ...more

NOVASTAR FINANCIAL REPORTS ACQUISITION BY CHIEF FINANCIAL OFFICER SCHWATKEN (Missouri) US Fed News Service, Including US State News; 11/19/2009 WASHINGTON, Nov. 19 -- Novastar Financial Inc. (NOVS.PK), Kansas City, Mo., has filed a Form 4 with the Securities and Exchange Commission noting the change in... ...more