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Home » NovaStar Says Branch ‘Streamlining’ is Paying Off
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NovaStar Says Branch ‘Streamlining’ is Paying Off

October 29, 2004
Officials at NovaStar Mortgage are touting the success of a plan to do more with less – growing origination volume while decreasing the size of its branch network. But the news isn’t all good for the Kansas-based lender: Novastar officials were surprised recently by the findings of an audit report that pointed to potential violations of net branching rules in its government-insured business. …
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