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First National Financial (TSX:FN) Cash Payments


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What is First National Financial Cash Payments?

Cash Payments only applicable to companies reporting Cash Flow from Operations in direct method.

First National Financial (TSX:FN) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First National Financial Corp (TSX:FN) » Definitions » Cash Payments
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Traded in Other Exchanges
FNLIF:USA 63Z:Germany FN.PR.B.PFD:Canada FN.PR.A.PFD:Canada
Address
16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6
Website
https://www.firstnational.ca
First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages. Most mortgages originated by First National are funded either by placement with institutional investors or through securitization conduits, in each case with retained servicing. In general, originations are allocated from one funding source to another depending on market conditions and strategic considerations related to maintaining diversified funding sources.