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Strategies & Market Trends : Turnarund Investing

NOVS 0.0666

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Aug 1 5:00 PM EST

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From: bankbuyer	4/29/2012 10:29:56 PM
	1 Recommendation Read Replies (1) of 1876

Summed up pretty well. . "Lets take a look at Steve Haslams career. Started at First Financial, then went to CITI, then went to Landsafe (Countrywides AMC), then he ends up at Novastar as Reatil lending VP. Nothing but a miserable trail of mortgage failure and corruption follows this 4 time loser. "Then you wouldn't believe the questions they ask, how come there are no comps within a mile radius, well duh it's out in the country, it's an acreage! How can someone sitting behind a desk in Indiana know the first thing about the market here in Omaha, NE? third Party appraisal companies is NOT the solution, no wonder the public is afraid to get a loan if they have to deal with this? I would also add that Batman's oft stated valuation method is without doubt the proper analytical approach.

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