October 23, 2016 9:02 AM ET

Capital Markets

Company Overview of Novastar Mortgage Inc.

Company Overview

Novastar Mortgage Inc. is a mortgage company that invests in and lends residential mortgage loans. It focuses on single-family loans and provides servicing for loans, title and settlement services, as well as risk management services. The company operates through independent brokers and regional offices. Novastar Mortgage Inc. was founded in 1996 and is based in Kansas City, Missouri. Novastar Mortgage Inc. operates as a subsidiary of Novastar Financial Inc. On July 20, 2016, Novastar Mortgage Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Maryland. It is in joint administration with Novation Companies, Inc.

8140 Ward Parkway

Suite 300

Kansas City, MO 64114-2006

United States

Founded in 1996



Key Executives for Novastar Mortgage Inc.

Age: 55
Senior Vice President of National Sales Manager
Senior Vice President of Wholesale Operations
Chief Credit Officer
Vice Chairman and Director
Age: 56
Compensation as of Fiscal Year 2016.

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