First National Financial Corp T.FN

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

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Comment by McRambuson Dec 17, 2019 1:37pm

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Post# 30464509

RE:RE:RE:RE:RE:RE:RE:RE:RE:Take over Target

thornton71 wrote: Some of the CDN financial stocks are getting hit today but none as much as FN. any thoughts on what may be the reason for the 2.5 % decline other that volatitlity due to lack of liquidity and exdividend trading?

I have no idea. This is getting hit hard. Genworth too is getting hit hard. Was there something negative announced for the housing market in the budget? I'm baffled, this has undone all the price appreciation from the positive 3rd quarter results late October???

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