Transnational Financial Network Reports December Loan Production Activity
January 16 2007 - 10:40PM
Business Wire
Transnational Financial Network, Inc. (AMEX:TFN), a wholesale and
retail mortgage banking firm, released its December loan production
figures today. Transnational Financial Network, Inc.Monthly Loan
Production($ million) Jul Aug Sep Oct Nov Dec Trailing3
monthAverage Trailing6 monthAverage � Wholesale $ 28.2� $ 23.9� $
25.2� $ 56.2� $ 60.9� $ 69.5� $ 62.2� $ 43.9� Retail(1) $ 16.7� $
16.3� $ 18.7� $ 34.2� $ 32.3� $ 28.4� $ 31.6� $ 24.4� Total $ 44.9�
$ 40.2� $ 43.9� $ 90.4� $ 93.2� $ 97.9� $ 93.8� $ 68.3� � (1)
Excluding production from Net Branches 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. For full details, click here:
http://www.investorideas.com/Companies/Transnational/
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