• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Summary: Massachusetts Housing Finance Agency; Single Family Whole Loan Oct 10 Product Image

Summary: Massachusetts Housing Finance Agency; Single Family Whole Loan Oct 10

  • ID: 1785954
  • October 2010
  • Region: Massachusetts
  • Standard & Poors

FEATURED COMPANIES

  • Massachusetts Hsg Fin Agy
  • MORE

Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to Massachusetts Housing Finance Agency's (MassHousing) single-family housing revenue bond program series 149A, 150, 151, 152, 153, and 154. At the same time, Standard & Poor's affirmed its various ratings on the agency's outstanding notes and bonds. The outlook is stable. The 'AA' rating reflects our opinion of: The credit quality of the single-family loan portfolio sufficient for the 'AA' rating; Economic stress scenario cash flows indicating strengthening of the indenture's equity position over time; Sufficiency of reserves to provide liquidity for delinquent mortgage loans; Fully funded loss coverage at the 'AA' level using economic stress scenario cash flows; Credit quality of investments under the resolution; and The agency's top-tier...

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

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. READ MORE >

Note: Product cover images may vary from those shown

- Massachusetts Hsg Fin Agy

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS