GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First National Financial Corp (OTCPK:FNLIF) » Definitions » Unearned Premiums

First National Financial (First National Financial) Unearned Premiums


View and export this data going back to 2013. Start your Free Trial

What is First National Financial Unearned Premiums?

Unearned Premiums only applies to insurance companies.


First National Financial (First National Financial) Business Description

Address
16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6
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.