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Audit faults novastar on fha loans - kansas city business journal:October 1997, the firm went public and began trading on the NYSE. NovaStar opened its retail mortgage broker business in 1999, operating under the name NovaStar Home Mortgage. In September 2002, the firm moved its headquarters from Westwood to Kansas City, Mo. By the end of 2002, NovaStar had 216 active branches in 35 states. The firm expanded significantly during 2003, and by year-end, it could claim 432 branches. The leadersForty-four-year old Scott F. Hartman, NovaStar's chairman and CEO, has been with the firm since its inception in 1996, serving as one its co-founders. Hartman also serves as a director and vice chairman of NovaStar Mortgage. Previously, Hartman was executive vice president of Dynex Capital from February 1995 to June 1996. At Dynex, he managed a $4 billion investment portfolio, overseeing the securitization of mortgage loans. Before joining Dynex, Hartman served as a consultant to that company. Forty-four-year-old W. Lance Anderson, the firm's president and chief operating officer, has a similar resume, having also served as executive vice president of Dynex Capital before co-founding NovaStar. Anderson was president and chief executive officer of Dynex' single-family mortgage operation. He joined Dynex in October 1989. For NovaStar, Anderson also serves as chairman, president and CEO of NovaStar Mortgage. NOVASTAR HOME MORTGAGE INC. Gold Surveys: Collected by Vault editors, Vault Gold Surveys profice detailed information on specific employers. Read 2 Workplace Surveys Read 1 Interview Surveys Read 1 Salary Surveys Read 1 Business Outlook Surveys View b |
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