Search for: "Novastar Mortgage Funding Trust "
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18 Feb 2009, 1:32 am
During the relevant time period, plan participants had the option to invest in a unitized stock fund that held NovaStar common stock. [read post]
11 Mar 2013, 10:20 am
Plaintiff’s allegations centered on its May 2007 investment in a mortgage fund trust (the “trust”) offered by defendants. [read post]
24 Jan 2008, 1:56 pm
The lawsuit says that not only did the financial institutions issue loans to ill-qualified borrowers, but they securitized the loans and used the profits to fund more subprime mortgages, make more money, and secure more borrowers. [read post]
12 Jan 2012, 10:40 am
NRTI Office NRTI Novastar Financial, Inc. [read post]
5 Apr 2009, 1:26 pm
”[2] The plan provides for the establishment of a Financial Stability Trust, a Public-Private Investment Fund designed to “cleanse” financial institutions’ balance sheets of legacy assets, and initiatives to support loan securitization and community lending while preventing foreclosures.[3] The Financial Stability Plan also promises to impose accountability and transparency on financial institutions that receive government aid by subjecting… [read post]
9 Jan 2012, 12:58 am
To be sure, the dismissals of a number of other cases has been affirmed on appeal, including the dismissal in the NovaStar Financial case (refer here), Centerline (here); Impac Mortgage (here); Home Banc Corporation (here); Regions Financial Corp. [read post]
