First National Financial Corp T.FN

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

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.

TSX:FN - Post by User

First National Financial Corp

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Post by Redskin88on Aug 16, 2001 12:14am

844 Views

Post# 4099210

US dollar about to fall off a cliff.........

And holding FN is not a bad thing, hell, outside O&G this puppy has done extremely well and should continue to slowly up-trend for me. The funny thing is that many retail investors won't buy FN beacuse of it's PE ratio. But if they ever deploy that cash on the balance sheet into 15-20% royalties or other, you'll understand the valuation premium. Take care..........88.

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