CERTIFICATION
I, Rodney E. Schwatken, certify that:
1.I have reviewed this amendment on Form 10-K/A to the annual report on Form 10-K of Novation Companies, Inc., as filed with the Securities and Exchange Commission on March 2, 2015;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
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| Date: | May 27, 2015 | /s/ Rodney E. Schwatken | |
| | | Rodney E. Schwatken | |
| | | Chief Financial Officer | |
