Brief: First National Financial comments on new mortgage rules

First National Financial

11/10/2016 13:05

Oct 11 (Reuters) - First National Financial Corp  FN.TO  
    * Says due to economics of new single family originations, 
they provide little if any earnings in year they are 
underwritten 
    * First national financial says any reduction in single 
family origination due to new rules will have little to no 
impact on co's 2016 or 2017 earnings 
    * Says "do not anticipate any material impact on our other 
originations and renewals as a result of new rules" 
 
Source text for Eikon:  ID:nCNWHKRcga  
Further company coverage:  FN.TO  
 
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