Exhibit 99
NOVASTAR FINANCIAL, INC.
MONTHLY LOAN ORIGINATION DATA
(dollars in thousands) (unaudited)
| For the Month Ended January 31, |
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| 2007 |
| As a % of Total |
| 2006 |
| As a % of Total |
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Non-conforming Production Volume |
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Wholesale |
| $ | 585,534 |
| 79 | % | $ | 464,499 |
| 81 | % |
Correspondent Bulk |
|
| 31,886 |
| 4 |
|
| 28,500 |
| 5 |
|
Retail |
|
| 123,247 |
| 17 |
|
| 78,707 |
| 14 |
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Total |
| $ | 740,667 |
| 100 | % | $ | 571,706 |
| 100 | % |
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Funding Days in the Month |
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| 21 |
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| 20 |
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Average Originations Per Funding Day |
| $ | 35,270 |
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| $ | 28,585 |
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NOVASTAR FINANCIAL, INC.
SELECTED NON-CONFORMING LOAN ORIGINATION DATA
(unaudited)
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| For the Month Ended January 31, 2007 |
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| Weighted |
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| Weighted |
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| Weighted |
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| Average |
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| Average |
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| Average |
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| Percent |
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| Coupon |
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| LTV |
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| FICO |
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| of Total |
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Summary by Credit Grade |
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660 and above |
| 7.77 | % |
| 84.2 | % |
| 701 |
|
| 27 | % |
620 to 659 |
| 8.65 |
|
| 84.9 |
|
| 639 |
|
| 26 |
|
580 to 619 |
| 8.90 |
|
| 83.4 |
|
| 599 |
|
| 22 |
|
540 to 579 |
| 9.29 |
|
| 79.8 |
|
| 559 |
|
| 17 |
|
539 and below |
| 9.81 |
|
| 77.5 |
|
| 527 |
|
| 8 |
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| 8.68 | % |
| 82.9 | % |
| 624 |
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| 100 | % |
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Summary by Program Type |
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2-Year Fixed |
| 9.16 | % |
| 83.5 | % |
| 608 |
|
| 39 | % |
2-Year Fixed 40/30 |
| 8.62 |
|
| 84.1 |
|
| 619 |
|
| 20 |
|
30-Year Fixed |
| 8.60 |
|
| 78.9 |
|
| 620 |
|
| 16 |
|
2-Year Fixed Interest-only |
| 7.95 |
|
| 82.5 |
|
| 660 |
|
| 10 |
|
30/15-Year Fixed |
| 11.40 |
|
| 97.8 |
|
| 664 |
|
| 4 |
|
30-Year MTA |
| 2.01 |
|
| 80.7 |
|
| 706 |
|
| 3 |
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40/30-Year Fixed |
| 8.50 |
|
| 81.1 |
|
| 626 |
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| 3 |
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Other Products |
| 8.33 |
|
| 78.6 |
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| 630 |
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| 5 |
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| 8.68 | % |
| 82.9 | % |
| 624 |
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| 100 | % |
Weighted Average |
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Coupon Excluding MTA |
| 8.85 | % |
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Note: The origination data on this report includes loans secured by second mortgages.