Transnational Financial Network Reports September Loan Production Activity
12 Ottobre 2006 - 3:28AM
Business Wire
Transnational Financial Network, Inc. (AMEX:TFN), a wholesale and
retail mortgage banking firm, released its September loan
production figures today. Transnational Financial Network, Inc.
Monthly Loan Production ($ million) Trailing Trailing 3 month 6
month Apr May Jun Jul Aug Sep Average Average � Wholesale $ 27.7� $
35.9� $ 29.7� $ 28.2� $ 23.9� $ 25.2� $ 25.8� $ 28.4� Retail(1) $
20.8� $ 14.2� $ 20.9� $ 16.7� $ 16.3� $ 18.7� $ 17.2� $ 17.9� Total
$ 48.5� $ 50.1� $ 50.6� $ 44.9� $ 40.2� $ 43.9� $ 43.0� $ 46.4� �
(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. Transnational Financial Network, Inc. (AMEX:TFN), a
wholesale and retail mortgage banking firm, released its September
loan production figures today. -0- *T Transnational Financial
Network, Inc. Monthly Loan Production ($ million) Trailing Trailing
3 month 6 month Apr May Jun Jul Aug Sep Average Average ------
------ ------ ------ ------ ------ -------- -------- Wholesale
$27.7 $35.9 $29.7 $28.2 $23.9 $25.2 $25.8 $28.4 Retail(1) $20.8
$14.2 $20.9 $16.7 $16.3 $18.7 $17.2 $17.9 ------ ------ ------
------ ------ ------ -------- -------- Total $48.5 $50.1 $50.6
$44.9 $40.2 $43.9 $43.0 $46.4 (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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