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8-K - 8-K - NOVATION COMPANIES, INC.a628128-k.htm


Exhibit 16.1



July 5, 2012



Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549-7561

Dear Sirs/Madams:

We have read Item 4 of Novation Companies, Inc.'s (formerly known as NovaStar Financial Inc.) Form 8-K dated July 5, 2012, and have the following comments:

1.
We agree with the statements made in Item 4(a).

2.
We have no basis on which to agree or disagree with the statements made in Item 4(b).

Yours truly,

/s/ DELOITTE & TOUCHE LLP

Kansas City, Missouri