Transnational Financial Network Reports January Loan Production Activity
February 10 2006 - 9:50PM
Business Wire
Transnational Financial Network, Inc. (AMEX:TFN), a wholesale and
retail mortgage banking firm, released its January loan production
figures today. -0- *T Transnational Financial Network, Inc. Monthly
Loan Production ($ million) Trailing Trailing 3 month 6 month Aug
Sep Oct Nov Dec Jan Average Average --- --- --- --- --- --- -------
------- Wholesale $31.8 $32.2 $36.3 $33.1 $31.8 $16.8 $27.2 $30.3
Retail(1) $22.5 $21.7 $24.4 $26.3 $11.4 $9.7 $15.8 $19.3 -----
----- ----- ----- ----- ----- ----- ----- Total $54.3 $53.9 $60.7
$59.4 $43.2 $26.5 $43.0 $49.6 (1) Excluding production from Net
Branches *T Transnational Financial Network, Inc. is a wholesale
and retail mortgage banker that originates, funds and sells
mortgage loans secured by one to four family residential
properties. Through its strong sales and broker service programs,
the Company has built a foundation for growth and expansion,
principally in the markets of Northern California, Southern
California and Arizona. This News Release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, and Section 21E of the Securities
Exchange Act of 1934. Although the Company believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will
prove correct.
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