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05/17/2004
SUBJECT
AUTHOR
POSTED DATE
Answers (2) Novastar Financial
05/18/2004
round asked, "IO's and mortgage servicing rights tend to appreciate in a rising rate environment as the underlying mortgages from which these instruments derive value extend in duration. What do you know about ... Read more
I.O's, Servicing, and Falling Novastar Financial
05/18/2004
"It would appear, as it should, that IO pricing in the capital markets drive the company's balance sheet amounts. But is the book of retained IO's and mortgage servicing rights market to market regularly such ... Read more
Portfolio Growth Novastar Financial
05/20/2004
At the risk of hijacking this thread -- max, I gave you more than a whole day to answer Bowd (lol). "If you put those two marks together and figure that half of NFI's business is ... Read more