NovaStar Financial, Inc.

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NovaStar Financial, Inc.
Type of Company	Public (NYSE: NFI)
Founded	1996
Headquarters	Kansas City, Missouri, United States
Industry	Real Estate Investment Trust
Employees	2,032
Website	www.novastarmortgage.com

Novastar Financial, Inc. originates and services "nonconforming" residential loans to borrowers who generally do not qualify for conventional mortgages.

NovaStar retains interests in the nonconforming loans it originates and purchases through its mortgage securities investment portfolio and is taxed as a real estate investment trust.

Its four operating units are: mortgage portfolio management, mortgage lending, loan servicing and branch operations.