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Loan Modification

: Mortgage Lender Implode-o-Meter

NovaStar Close to Calling it Quits

By Implode-Explode Heavy Industries

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NovaStar, the one-time mega subprime lender is now a shell of its former self, according to its 2008 10-K report filed today with the SEC.

What?s more, that shell is cracking as the report is full of dire predictions.

Full post as published by Mortgage Lender Implode-o-Meter on May 28, 2009 (boomark / email).

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