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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

First National Financial Corp
Bullboard Posts
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Post by billysimzon Jan 29, 2020 8:25pm
262 Views
Post# 30617082

Could be a really positive year for First National...

Could be a really positive year for First National...Larger housing markets like Vancouver and Toronto are rebounding from 2018/19 and back on the upswing with high demand for housing in 2020. Mortgage rates just started to drop as of this morning due to fears about the Corona Virus impact in China. Lower rates may fuel even greater demand for 2020 mortgages and home buying. I think this is a good year to buy into First National as the larger expensive markets get back on the upswing and rates stay low.

https://www.royallepage.ca/en/realestate/news/canadian-real-estate-market-to-appreciate-3-2-in-2020-reflecting-similar-price-growth-in-both-condo-and-detached-segments/
Bullboard Posts
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