Item 8.01 Other Events.

Attached hereto as Exhibit 23.1 is the consent of Deloitte & Touche LLP to the incorporation by reference of its reports contained in NovaStar Financial, Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2008, as amended, into Registration Statements No. 333-139000, No. 333-138998, No. 333-116998 and No. 333-44977 on Form S-8 of NovaStar Financial, Inc.