DBRS has confirmed the issuer rating of First National Financial LP at BBB and the ratings for senior unsecured debt and class A preference shares of First National Financial Corp. at BBB (low) and Pfd-3, respectively.
The trend is stable.
The ratings take into account the companies' limited credit risk exposure, as all mortgages are either sold to institutional investors or are securitized through various government-sponsored securitization vehicles.
