Today's Fresh Blogs...

• NovaStar Financial, Inc., Issues Statement on Current Mortgage Market Developments

  Published: August 6, 2007, 1:45 pm

  Tags: Mortgage News, Mortgage Industry Press Release, Novastar Financial, Novastar, Mortgage News, Novastar, Nfi

  in the secondary market, NovaStar is adjusting its pricing and guidelines and expects to return to committing on new loans in the wholesale channel and funding those loans, effective Tuesday August 7. (more…)Mortgage Industry Press Release, mortgage news, NovaStar, NovaStar Financial ---Related Articles at Consumer Mortgage

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• NovaStar Financial Shares Down 18%

  Published: September 5, 2007, 6:09 am

  Tags: Subprime Mortgage Industry, Todays Economy, Subprime Implosion, Subprime Bailout, Mortgage Video, Novastar Financial, Mortgage News, Mortgage News, Subprime Bailout, Round, Afternoon, World, National, Business, Clip, News, Bloom

  news, Mortgage Video, NovaStar Financial, subprime bailout, Subprime Implosion, Subprime Mortgage Industry, Todays Economy ---Related Articles at Consumer Mortgage Reports:What Are The Subprime Mortgage Losses - Subprime Defaults May Affect 18-22% of LoansPrices Tick Up Amongst Subprime Mortgage WoesMassive Foreclosure Wave LoomsThis Is

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• So This Subprime Lender Walks Into an Audit...

  Published: September 7, 2007, 1:36 am

  Tags: High Low Finance, Norris Floyd, Novastar, Sub Prime Crisis

  bought or borrowed.It was NovaStar that Patrick Byrne, Overstock's chief executive, pointed to when he began what he called his jihad against naked shorts. There is a suit pending by some NovaStar shareholders against major brokerage firms, charging that they aided naked shorting and thus cost the investors money.At last report, NovaStar

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• NovaStar Ends It's REIT Status

  Published: September 18, 2007, 4:41 pm

  Tags: Subprime Mortgage Industry, Reit, Subprime Mortgage, Novastar, Status, Reit, Dividend, Taxable, Convertible, Scarce, Terminated

  Subprime lender NovaStar Financial, says it will not pay a dividend related to 2006 taxable income, a move that will cause its status as a real estate investment trust to be terminated. The troubled subprime lender also revealed that the change in its REIT status will have a “significant adverse impact” on its financial statements

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• NovaStar No Longer Fit for NYSE - May Be Delisted

  Published: October 17, 2007, 6:13 pm

  Tags: Wall Street, Mortgage News Insight, Mortgage Market Meltdown, Novastar, Nyse, Subprime Lending

  NovaStar Financial has been notified by the NYSE that their stock offering is no longer fit to be traded on the NYSE floor and may be delisted. NovaStar is appealing the decision, but there is no guarantee that the beleaguered subprime lender will be able to continue trading common stock at the NYSE. The trigger to this was NovaStar’s

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