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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 CorruptedLushDron May 01, 2019 8:54am
92 Views
Post# 29693692

RE:latest financials out

RE:latest financials outYeah, those numbers are a tad jarring. On the positive side the commercial component of their business appears to be strong.  However, that payout ratio is grotesque and certainly doesn’t bode well for another special dividend this year. 
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