Exhbit 10.2 FORBEARANCE AGREEMENT This FORBEARANCE AGREEMENT (this "Agreement"), dated as of April 29, 2008, is among NOVASTAR MORTGAGE, INC., a Virginia corporation (the "Company"); NOVASTAR FINANCIAL, INC., a Maryland corporation (the "Guarantor");...Forbearance Agreement • May 5th, 2008 • Novastar Financial Inc • Real estate investment trusts • New York
This FORBEARANCE AGREEMENT (this "Agreement"), dated as of April 29, 2008, is among NOVASTAR MORTGAGE, INC., a Virginia corporation (the "Company"); NOVASTAR FINANCIAL, INC., a Maryland corporation (the "Guarantor"); THE BANK OF NEW YORK TRUST COMPANY, NATIONAL ASSOCIATION (as successor to JPMorgan Chase Bank, National Association), as Trustee under the Indenture defined below (the "Indenture Trustee"); NOVASTAR CAPITAL TRUST II, a statutory trust created under the laws of the State of Delaware (the "Trust"); THE BANK OF NEW YORK TRUST COMPANY, NATIONAL ASSOCIATION (as successor to JPMorgan Chase Bank, National Association), as property trustee of the Trust (the "Property Trustee"); W. Lance Anderson, Rodney E. Schwatken and Todd M. Phillips, as administrative trustees of the Trust (collectively, the "Administrative Trustees"); KODIAK CDO I, LTD., a Cayman company, and KODIAK CDO II, LTD., a Cayman company, as the preferred securities holders (the "Preferred Securities Holders"); and T
AMENDMENT NUMBER TWO to the MASTER REPURCHASE AGREEMENT (2007 WHOLE LOAN) Dated as of May 9, 2007 AMONG WACHOVIA BANK, NATIONAL ASSOCIATION, NFI REPURCHASE CORPORATION, NMI REPURCHASE CORPORATION, HOMEVIEW LENDING, INC., NMI PROPERTY FINANCING, INC.,...Master Repurchase Agreement • May 5th, 2008 • Novastar Financial Inc • Real estate investment trusts • New York
