NovaStar Financial reports $733.1 million loss in 2007

KANSAS CITY, Mo. (AP) - Mortgage lender NovaStar Financial says it lost more than $700 million last year. Associated Press The Kansas City-based company has been hit hard by the mortgage meltdown and says it may not ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , April 2nd, 2008

Lender News: NovaStar will pay $2M to settle involuntary bankruptcy attempt

American Interbanc Mortgage LLC has agreed to accept slightly more than $2 million to end its bid to force a unit of NovaStar Financial Inc. into involuntary bankruptcy. American Interbanc filed an involuntary bankruptcy petition against ... More... (Mortgage Lender & Broker News)
Add a Comment , March 21st, 2008