| Business Summary | | 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
located
principally
in
the
San
Francisco
Bay
area,
southern
California,
and
Arizona.
Since
its
organization,
the
Company
has
been
engaged
in
the
retail
origination
of
mortgage
loans.
As
of
year-end
2000,
the
Company
maintains
retail
offices
in
San
Francisco
and
Campbell,
California.
The
Company's
wholesale
division
closes
and
funds
loans
originated
by
mortgage
brokers,
as
well
as
those
originated
through
the
Company's
retail
division.
The
Company
maintains
wholesale
offices
in
San
Francisco,
Campbell
and
Tustin,
California,
as
well
as
Phoenix,
Arizona.
The
Company
funds
its
originations
through
warehouse
lines
of
credit. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Transnational
Financial
Network
is
a
wholesale
and
retail
mortgage
banker
that
originates,
funds
and
sells
mortgage
loans
secured
by
residential
properties
in
the
San
Francisco
Bay
area,
southern
California
and
Arizona.
For
the
three
months
ended
3/31/01,
revenues
totalled
$5
million,
up
from
$2.2
million.
Net
loss
fell
71%
to
$392
thousand.
Revenues
reflect
reduced
wholesale
loan
originations.
Lower
loss
was
partially
offset
by
an
increase
in
warehoused
loans. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Kristul, 53 CEO,
Treasurer, Director | $209K | Maria Kristul, 53 Pres | 299K | Stephen Haley, 47 CFO,
Exec. VP | -- | Mark Sussman, 51 Exec.
VP, COO | -- | Teresita Dee, 58 Controller | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|