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Real Estate & Property Law

: Housing Wire

Questions Remain at NovaStar

By JACOB GAFFNEY

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(Update 1: clarifies questions outlined in firm’s SEC filing) NovaStar Financial the one-time mega subprime lender, is continuing to face questions about its future, according to a 10-K filed Wednesday with the Securities and Exchange Commission. “We have discontinued our mortgage lending business, have sold most of the loans that we had not yet securitized, and have [...]

Full post as published by Housing Wire on May 27, 2009 (boomark / email).

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