Habitat KC, NovaStar Unveil Pilot

Habitat for Humanity Kansas City and NovaStar Financial Inc., Kansas City, Mo., have announced a pilot program under which NovaStar's mortgage servicing group is contributing personnel and systems to service mortgages owned by Habitat.The contribution, which is accompanied by job counseling and credit education for homeowners, frees the nonprofit group's resources for other activities, Habitat and NovaStar said. "NovaStar approached us last year with an idea for donating business expertise to help Habitat focus on our mission of broadening homeownership and revitalizing neighborhoods in our city," said Yahna Gibson, executive director of Habitat for Humanity Kansas City. "Nearly 150 families own Habitat for Humanity homes in Kansas City with active mortgages." The organizations can be found online at http://www.habitatkc.org and http://www.novastarmortgage.com.

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