Last $0.30 USD
Change Today +0.04 / 15.38%
Volume 436.7K
NOVC On Other Exchanges
As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

novation companies inc (NOVC) Snapshot

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52 Week High
05/22/13 - $0.52
52 Week Low
12/12/13 - $0.23
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Average Volume 10 Days
Shares Outstanding
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novation companies inc (NOVC) Details

Novation Companies, Inc., together with its subsidiaries, provides residential appraisal and real estate valuation management services primarily to mortgage lenders in the United States. The company operates in four segments: Corporate, Appraisal Management, Financial Intermediary, and Cloud SaaS. It offers Lender Plus, the appraisal management service; Lender X, a technology solution that facilitates lenders managing their own appraisal process; and Appraisal QX, an automated appraisal risk management product. The company also provides financial settlement services for income tax preparation businesses, as well as acts as an intermediary for banking products on behalf of other banking institutions to provide access to tailored banking accounts and related services through its prepaid debit card service to meet the needs of low and moderate-income level individuals. In addition, it offers cloud-based communication software under the CorvisaOne brand name and implementation consulting services. The company was formerly known as NovaStar Financial, Inc. and changed its name to Novation Companies, Inc. in May 2012. Novation Companies, Inc. was founded in 1996 and is based in Kansas City, Missouri.

522 Employees
Last Reported Date: 02/28/14
Founded in 1996

novation companies inc (NOVC) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $726.9K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $313.0K
Chief Operating Officer
Total Annual Compensation: $412.2K
Compensation as of Fiscal Year 2012.

novation companies inc (NOVC) Key Developments

Novation Companies, Inc., Q3 2013 Earnings Call, Nov 12, 2013

Novation Companies, Inc., Q3 2013 Earnings Call, Nov 12, 2013

Novation Companies, Inc., Annual General Meeting, May 07, 2013

Novation Companies, Inc., Annual General Meeting, May 07, 2013., at 13:00 Central Standard Time. Location: Sheraton Overland Park Hotel. Agenda: To elect two class II directors to serve until the annual meeting of stockholders to be held in 2016 and until their successors are elected and qualify; to ratify the selection of Grant Thornton LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2013; to hold an advisory vote on the compensation of the company’s named executive officers; to hold an advisory vote on the frequency of future advisory votes on the compensation of the company’s named executive officers; and to transact such other business as may properly come before the annual meeting and any postponement or adjournment thereof.

Novation Companies, Inc. Names W. Lance Anderson and Gregory T. Barmore as Nominees for Election to its Board of Directors

Novation Companies, Inc. announced that the board of directors intends to present W. Lance Anderson and Gregory T. Barmore as nominees for election to the board of directors at its annual general meeting to be held on May 7, 2013.


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