kansascity.com (Free subscription) | 08/14/2008
Former mortgage lender NovaStar Financial Inc. announced today that it had acquired a majority interest in PipeFire LLC, which provides residential appraisal and similar services. The terms of the deal, which closed Aug. 8, were not disclosed.
The Kansas City Business Journal (Free subscription) | 08/20/2008
NovaStar Financial Inc. reported a profit in the second quarter and a loss for the first half of 2008, and admitted that its financial situation remains volatile.
kansascity.com (Free subscription) | 08/20/2008
NovaStar Financial Inc., a former subprime lender that nearly disappeared in the mortgage meltdown, has affirmed that “substantial doubt” remains about its ability to survive.
The Kansas City Business Journal (Free subscription) | 08/14/2008
NovaStar Financial Inc. bought a majority interest in an appraisal management company for an undisclosed amount.
The Kansas City Business Journal (Free subscription) | 07/31/2008
NovaStar Financial Inc., the Kansas City-based subprime mortgage lender beset with problems, now has another issue to deal with: its landlord.
The Kansas City Business Journal (Free subscription) | 07/09/2008
A new class-action lawsuit filed against NovaStar Financial Inc. alleges that the company and its officers mishandled their responsibilities for overseeing the employee retirement plan when they invested heavily in NovaStar's stock.
