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BRIEF-First National Financial comments on new mortgage rules
October 11, 2016 / 12:47 PM / a year ago

BRIEF-First National Financial comments on new mortgage rules

Oct 11 (Reuters) - First National Financial Corp

* 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: Further company coverage:

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