News Release
For Immediate Release:
Apr 7, 2004

Transnational Financial Network Reports March Loan Production

SAN FRANCISCO, Apr 7, 2004 - Transnational Financial Network, Inc. (TFN), a wholesale and retail mortgage banking firm, released its March loan production figures today.
Joseph Kristul, Chairman and CEO, commented: "We are extremely pleased with our wholesale and retail loan production this month. This increase in activity is a result of our additions to our sales force, a focus on purchase mortgage activity, and we have benefited from the lower interest rate environment." Transnational Financial Network, Inc.
Monthly Loan Production
($ million)

Trailing Trailing
3 month 6 month
Oct. Nov. Dec. Jan. Feb. Mar. Average Average
Wholesale $44.9 $30.3 $40.2 $31.8 $38.1 $47.8 $39.2 $38.8
Retail(a) $48.4 $27.8 $26.4 $34.2 $39.3 $50.2 $41.2 $37.7
------ ------ ------ ------ ------ ------ --------- --------
Total $93.3 $58.1 $66.6 $66.0 $77.4 $98.0 $80.5 $76.6

(a) Excluding production from Net Branches

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. Through its strong sales and broker service programs, the Company has built a foundation for growth and expansion, principally in the markets of Northern California, Southern California and Phoenix, Arizona.
This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.
For full details, click here: http://www.investorideas.com/Companies/Transnational/NewsReleases.asp.
SOURCE: Transnational Financial Network, Inc.
Transnational Financial Network, Inc.
Joseph Kristul, 415-242-8840
http://www.transnational.com
or
ECON Investor Relations, Inc.
Dawn Van Zant, 866-730-1152
mailto:This email address is being protected from spambots. You need JavaScript enabled to view it.