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First National Financial Corp T.FN

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

First National Financial Corporation is the parent company of First National Financial LP, a Canadian originator, underwriter and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. The Company's segments include Residential and Commercial. The Residential segment includes single-family residential mortgages. The Commercial segment includes multi-unit residential and commercial mortgages. Its commercial mortgage solutions include mortgage solutions and commercial servicing. Its mortgage solutions include retail, multi-family residential, office, industrial, storage, student housing, mixed-use and land. Its commercial servicing includes mortgage servicing, financial requirements, undertaking, insurance requirements, property tax, pre-payments and banking changes, and annual compliance forms. Residential Mortgage solutions include home buyers, customers and My Mortgage by First National. The Company offers mortgage brokers solutions.


TSX:FN - Post by User

Comment by Yachtieon Nov 15, 2000 5:04pm
341 Views
Post# 2834002

RE: today's vol - price rise

RE: today's vol - price riseI would'nt read too much into todays rise, it was simply a reaction to yesterdays drastic selloff in the last 15 mins of trading.Somebody yesterday just had to get out and drove the price down hitting all the bids and then the stock did not have any time to recover before the market closed. Most of the volume today was a 3 million share cross probably something to do with a mutual fund. I am optimistic about this company medium term but in order for it to rise substantially you must believe that gold will rise accordingly.However the downside is certainly limited at $13-$14 per share. Yachtie
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