• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Pennsylvania Housing Finance Agency; Single Family Whole Loan Dec 10 Product Image

Pennsylvania Housing Finance Agency; Single Family Whole Loan Dec 10

  • Published: December 2010
  • Region: Pennsylvania
  • Standard & Poors

FEATURED COMPANIES

  • Pennsylvania Hsg Fin Agy
  • MORE

Abstract
Standard & Poor's Ratings Services assigned its 'A-1+' short-term rating, with a stable outlook, to Pennsylvania Housing Finance Agency's (PHFA) series 2010-2011 bonds. At the same time, Standard & Poor's affirmed its ratings on all the agency's other series under the parity resolution. The rating reflects our opinion of the following strengths: Very strong quality of the single-family mortgage collateral, including primarily conventional insured, RHS, and uninsured and Federal Housing Administration (FHA)-insured mortgages; General obligation (GO) pledge of the issuer ('AA'); Investments commensurate with the rating on the bonds; Sufficient loss coverage protection provided by reserves and the GO pledge of the agency; and Funds in the self insurance fund (SIF) held by the trustee outside the lien of the...

Companies mentioned in this report are:
- Pennsylvania Hsg Fin Agy

Action: New Rating

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 READ MORE >

- Pennsylvania Hsg Fin Agy

Note: Product cover images may vary from those shown

RELATED PRODUCTS