Shearson Financial Network - Sales Analysis Snapshot

Business Description
This Report provides a comprehensive Sales & Margin summary analysis for Shearson Financial Network Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.

Shearson Financial Network. The Group's principal activity is to provide mortgage brokerage and banking services. The Group earns origination commissions on the closing of first and second mortgages on single-family residences. It offers mortgage loan products which provide flexibility to mortgage loan brokers and retail division. Its primary products are: Conforming Mortgage Products, Alt A Mortgage Products, Second Mortgage Program, JUMBO Loans and Non-Conforming Loans. At present, the Group sells its loan servicing through Countrywide Funding Corporation, BNC Mortgage Corporation of America, IMPAC Funding Corporation and Aegis. The Group currently hold licenses or exemption certificates in thirty-three states.

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