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Certain Federal Housing Administration Enhanced Municipal Housing Bonds Unchanged Following Outlook Revision On U.S.A.

  • ID: 1753900
  • April 2011
  • Region: United States
  • Standard & Poors
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Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

NEW YORK (Standard & Poor's) April 28, 2011--On April 27, 2011, Standard & Poor's Ratings Services revised the outlook on certain public finance housing issues to negative from stable as a result of the negative outlook revision on the United States of America (AAA/Negative/A-1+). Outlooks for ratings on issues enhanced by mortgage insurance provided by the Federal Housing Administration remain unchanged. (Listen to the related podcast titled, "Why Standard & Poor?s Revised Its Outlooks On Certain U.S. Public Finance Housing Ratings To Negative," dated May 3, 2011.) Standard & Poor's applies its published criteria on discounts based on ratings levels for all providers of mortgage insurance (please see "New Discounts Reflect Changes to Mortgage Insurer Rating Assumptions In The Municipal...

Action: General Comment

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