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Old 08-17-2007, 01:10 PM
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NovaStar Nixes Wholesale, Employees

About 500 employees have been laid off, NovaStar Financial Inc. announced Friday. The move was made to align the organization's size with decreased loan production, NovaStar explained. The company also noted it will, at least temporarily, step back from pursuing new wholesale loans.

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Old 08-20-2007, 10:51 PM
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Hi, This post is very informative, however I would like some specific information. If someone can help me then please send me a private message. Best Regards,
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