BNET Industries
Last Fiscal Year Sales:$243.9M
- Public
- US
Dow Jones Description
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Founder, Chairman, & CEO
W. Lance AndersonNumber of Employees 60
Contact Information
8140 Ward Pkwy Ste 300
Kansas City, Missouri 64114
(816) 237-7000
Peer Companies
NAICS Code Mortgage and Nonmortgage Loan Brokers: 52231
Recent Events
-
NovaStar narrows loss, but liabilities outweigh assets
News & Analysis
Filter by
novastar financial inc. - All News and Analysis
Wednesday's Featured Stock: Hemis Corporation (OTCBB: HMSO).
M2 PRESSWIRE-1 August 2007-LiquidStockReport.com: Wednesday's Featured Stock: Hemis Corporation (OTCBB: HMSO)C1994-2007 M2 COMMUNICATIONS LTD RDATE:01082007 Stocks to Watch: Hemis Corporation (OTCBB: HMSO), NovaStar Financial, Inc. (NYSE:NFI) , Who's Your Daddy, Inc. (OTC BB:WYDY) , Graham Corporation (AMEX:GHM), Reed's, Inc. (OTC...
Open Energy and Suntech America Form Strategic Alliance.
M2 PRESSWIRE-16 May 2007-WallStreetAnalystReport.com: Open Energy and Suntech America Form Strategic AllianceC1994-2007 M2 COMMUNICATIONS LTD RDATE:16052007 Stocks to Watch: Open Energy Corporation (OTCBB: OEGY) , Zupintra Communications, Inc (OTC BB:PHDT), NovaStar Financial, Inc (NYSE:NFI), US Geothermal Inc. (OTC BB:UGTH), Mad...
Fitch Places Novastar's Subprime Servicer Rating on Watch Negative
NEW YORK -- Fitch Ratings has placed NovaStar Mortgage, Inc.'s NovaStar 'RPS2-' residential primary servicer rating for subprime product on Rating Watch Negative. NovaStar is a subsidiary of NovaStar Financial Inc. NFI. The rating watch reflects the challenging operating environment in the subprime mortgage market and uncertainties regarding NFI's...
Visit APIO (OTCBB: APIO) in the Francis Gaskins Analyst Corner.
M2 PRESSWIRE-19 March 2007-SmallCapStockAnalyst.com: Visit APIO (OTCBB: APIO) in the Francis Gaskins Analyst CornerC1994-2007 M2 COMMUNICATIONS LTD RDATE:19032007 Stocks to Watch: API Nanotronics Corp. (OTCBB: APIO), NovaStar Financial, Inc (NYSE:NFI), Terayon Communication Systems, Inc. (PinkSheets:TERN), Access Integrated Technologies, Inc (Nasdaq:...
NovaStar Financial, Inc. Announces Reduction in Workforce
KANSAS CITY, Mo. -- NovaStar Financial, Inc. (NYSE:NFI), a residential mortgage lender and portfolio investor, today announced a reduction in workforce to align its organization with changing conditions in the mortgage market. The workforce reductions affect about 350 persons, approximately 17 percent of the Company's workforce. The actions focus on...
Brower Piven Announces Class Action Lawsuit Against NovaStar Financial, Inc.
The law firm of Brower Piven, A Professional Corporation, today announced that a securities class action was commenced on behalf of shareholders who purchased or otherwise acquired the common stock of NovaStar Financial, Inc. (NYSE: NFI) between May 4, 2006 and February 20, 2007, inclusive (the "Class Period").
Cauley Bowman Carney & Williams, PLLC Announces That a Securities Class Action Lawsuit Has Been Filed Against NovaStar Financial, Inc.
On February 23, 2007, a class action lawsuit was filed in the United States District Court for the Western District of Missouri against NovaStar Financial, Inc. (NYSE: NFI). The complaint alleges violations of federal securities laws, Sections 10b and (20)a of the Securities Exchange Act of 1934 and Rule...
BWR Begins Tracking Countrywide Financial Corp.
M2 PRESSWIRE-26 February 2007-Blue Chip News: BWR Begins Tracking Countrywide Financial Corp.C1994-2007 M2 COMMUNICATIONS LTD RDATE:26022007 Countrywide Financial gives credit where credit is due. One of the largest independent residential mortgage lending firms in the US, the company writes, sells, and...
Lerach Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Against NovaStar Financial, Inc
SAN DIEGO -- Lerach Coughlin Stoia Geller Rudman & Robbins LLP ("Lerach Coughlin") (http://www.lerachlaw.com/cases/novastar/) today announced that a class action has been commenced in the United States District Court for the Western District of Missouri on behalf of purchasers of NovaStar Financial, Inc. ("NovaStar") (NYSE:NFI) common stock during the period...
NovaStar Financial, Inc. Corrects Media Statements: Company Expects to Report GAAP Profitability In Coming Years
KANSAS CITY, Mo. -- NovaStar Financial, Inc. (NYSE: NFI), a residential lender and mortgage portfolio manager, today responded to misstatements in the media regarding the company's expectations for taxable income in the future. Some reports erroneously stated that the company does not expect to be profitable in the period of...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael L Bamburg | CIO & Executive Vice President |
| Todd M. Phillips | Chief Accounting Officer, Treasurer, Controller & Vice President |
| Dick Johnson | Vice President, Media Comm |
| Jeffrey A. Gentle | Vice President, Ir |
| Cameron Horton |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| W. Lance Anderson | Founder, Chairman, & CEO |
| Art N. Burtscher | Board of Directors |
| Donald M. Berman | Board of Directors |
| Edward W. Mehrer | Board of Directors |
| Gregory S. Metz | Board of Directors |
| Gregory T. Barmore | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| NovaStar Financial, Inc. | Founder, Chairman, & CEO | Current |
| NovaStar Financial, Inc. | Board of Directors | Current |
| NovaStar Financial, Inc. | President & Coo | Former |
| Organization | Position | Status |
|---|---|---|
| NovaStar Financial, Inc. | CIO & Executive Vice President | Current |
| NovaStar Financial, Inc. | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| NovaStar Financial, Inc. | Chief Accounting Officer, Treasurer, Controller & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| NovaStar Financial, Inc. | Vice President, Media Comm | Current |
| Organization | Position | Status |
|---|---|---|
| NovaStar Financial, Inc. | Vice President, Ir | Current |
Originally from Pennsylvania, Cameron attended Catawba College (Salisbury, NC) and majored in Technical Theater. His past companies include Gateway, NovaStar Financial, H&R Block and Sprint. Cameron's been a Project Manager, Business Analyst, Systems Engineer and Software Architect. His technology resume includes Visual Basic & C#.NET, PHP, Perl, SQL, JavaScript, XML and HTML.
| Organization | Position | Status |
|---|---|---|
| Limedot Web Shop, LLC | Lead Developer | Current |
| NovaStar Financial, Inc. | Current | |
| H&R Block, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Mgamx | Chairman | Current |
| Great Western Bank | Director | Current |
| Silverstone Group, Incorporated | Director | Current |
| Great Western Bancorporation, Inc. | Director | Current |
| NovaStar Financial, Inc. | Board of Directors | Current |
| Nfi | Board of Directors | Current |
| Novastar Mortgage, Inc. | Director | Current |
| Nic, Inc. | Board of Directors | Current |
| Great Western Bank | Chief Executive Officer | Former |
| Great Western Bank | President | Former |
| Fort Hays State University | B.S. In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| NovaStar Financial, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| MGI PHARMA Inc. | Chair | Current |
| Novastar Mortgage, Inc. | Director | Current |
| FBL Financial Group, Inc. | Board of Directors | Current |
| NovaStar Financial, Inc. | Board of Directors | Current |
| Cydex, Inc. | Chief Executive Officer | Former |
| Cydex, Inc. | President | Former |
| Cydex, Inc. | Chief Financial Officer | Former |
| Marion Merrell Dow | Financial and Administrative Officer | Former |
| Winn-Dixie Stores, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| NovaStar Financial, Inc. | Board of Directors | Current |
| NovaStar Financial, Inc. | CFO & Senior Vice President | Former |
Gregory T. Barmore has served on the Board of Directors since 1996. He retired as Chairman of the Board of GE Capital Mortgage Corporation (GECMC), a subsidiary of General Electric Capital Corporation (GE Capital) headquartered in Raleigh, North Carolina in 1997. He was responsible for overseeing the strategic development of GECMC's residential real estate-affiliated financial business, including mortgage insurance, mortgage services and mortgage funding. Prior to joining GECMC in 1986, Mr. Barmore was Chief Financial Officer of Employers Reinsurance Corporation (ERC), one of the nation's largest property and casualty reinsurance companies and also a subsidiary of GE Capital. Mr. Barmore also serves as Chairman of the Board of Directors of ICO, Inc., a Houston, Texas based company which provides custom engineered polymer powders for rotational molding and other polymer markets.
| Organization | Position | Status |
|---|---|---|
| ICO, Inc. | Chairman of The Board of Directors | Current |
| Novastar Mortgage, Inc. | Director | Current |
| NovaStar Financial, Inc. | Board of Directors | Current |
| Bennett College | Board of Directors | Current |
| Maine Maritime Museum | Vice Chair | Current |
| Employers Reinsurance Corporation | Chief Financial Officer | Former |
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