NovaStar Mortgage Names New CEO

Published January 04, 2006, 3:00 p.m. EST

1 Min Read

David A. Pazgan has been named president and chief executive officer of NovaStar Mortgage Inc., the primary loan origination unit of residential mortgage lender NovaStar Financial Inc., Kansas City, Mo.Mr. Pazgan was most recently executive vice president of NovaStar, overseeing its wholesale division, and was previously senior vice president of wholesale-East, a regional vice president, and an account executive for FHB Funding, a wholesale subprime originator. He succeeds Lance Anderson, who will become chairman of NovaStar Mortgage and continue as president and chief operating officer of NovaStar Financial, the company reported. NovaStar Mortgage can be found online at http://www.novastarmortgage.com.

Processing Content

For reprint and licensing requests for this article, click here.

MORE FROM NATIONAL MORTGAGE NEWS

Federal Reserve

Fed flags overheated markets as top stability risk

The Federal Reserve's April financial stability report found that asset valuations remain elevated, even as investors are beginning to demand more compensation for risk amid rising uncertainty around monetary policy.

By Maria Volkova
Reporter

May 8
Title insurance

Title agent accused of rebranding to evade fraud penalty

First American claims Liberty National's owner changed the company's name immediately after a judge held her firm liable for an erroneous wire transfer.

By Spencer Lee
Technology Reporter

May 8
Earnings

Loandepot files $250 million shelf registration

Lender and servicer Loandepot, reeling from a larger loss in the first quarter, could use the potential funds to cover daily operations or repay debt.

By Andrew Martinez
Reporter

May 8
M&A

eXp expands platform with acquisition of NextHome

Alongside its cloud-based brokerage, the company said the acquisition will transform eXp's existing infrastructure into a multi-model platform.

By Colin McNamara
Reporter

May 8
Servicing

New Cantero escrow ruling backs preemption in split decision

The opinion that supports national banks' ability to avoid paying interest on certain mortgage accounts in New York is unlikely to be the last word.

By Bonnie Sinnock
Capital Markets Editor

May 8
M&A

CrossCountry raises its Two Harbors bid to $12 per share

The latest offer, 70 cents per share higher than previously agreed to, equals the cash proposal made by UWM Holdings to win over Two Harbors' shareholders.

By Brad Finkelstein
Originations Editor

May 8

Load More