First National Financial Corp T.FN.P.B

Primary Symbol: T.FN Alternate Symbol(s): T.FN.P.A | FNLIF

First National Financial Corporation is a Canada-based parent company of First National Financial LP, which is an originator, underwriter, and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. The Company operates through two segments: Residential and Commercial. The Residential segment include single-family residential mortgages. The Commercial segment include multi-unit residential and commercial mortgages. The Company provides mortgage financing solutions to the residential and commercial mortgage markets in Canada. It provides underwriting and fulfilment processing services to two mortgage originators using the mortgage broker distribution channel. The Company services virtually all mortgages generated through its mortgage origination activities on behalf of a wide range of institutional investors.

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First National Financial Corp > Great numbers... Love this stock

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Comment by porksnifferon Apr 28, 2021 10:36am

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Post# 33081948

RE:Great numbers... Love this stock

Numbers were actually short of estimates. Commercial originations way down. I'll take the 12% divy hike on top of the $1.00 special from a few months ago and the previous 10% hike in November. Buy, hold and put it away, watch it grow as they gain market share. This will eventualy be sold to a Brookfield or one of the big banks when Mr. Smith and Mr. Tawse decide to retire and play around with their vineyards.

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