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DBRS confirms First National Financial ratings

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.