Transnational Financial Network Reports September Loan Production Activity
October 10 2005 - 9:30PM
Business Wire
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 $31.7 $42.0
$54.7 $33.3 $31.8 $32.2 $32.4 $37.6 Retail(1) $19.6 $25.2 $26.9
$26.9 $22.5 $21.7 $23.7 $23.8 ------ ------ ------ ------ ------
------ -------- -------- Total $51.3 $67.2 $81.6 $60.2 $54.3 $53.9
$56.1 $61.4 (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. For full details, click here:
http://www.investorideas.com/Companies/Transnational/.
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