Transnational Financial Network Reports February Loan Production Activity
15 Marzo 2007 - 2:37AM
Business Wire
Transnational Financial Network, Inc. (AMEX:TFN), a wholesale and
retail mortgage banking firm, released its February loan production
figures today. Transnational Financial Network, Inc. Monthly Loan
Production ($ million) Trailing Trailing 3 month 6 month Sep Oct
Nov Dec Jan Feb Average Average � Wholesale $ 25.2� $ 56.2� $ 60.9�
$ 69.5� $ 54.3� $ 26.6� $ 50.1� $ 48.8� Retail(1) $ 18.7� $ 34.2� $
32.3� $ 28.4� $ 34.4� $ 22.5� $ 28.4� $ 28.4� Total $ 43.9� $ 90.4�
$ 93.2� $ 97.9� $ 88.7� $ 49.1� $ 78.5� $ 77.2� � (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 California, Texas, 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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