- Language: English
- Published: June 2012
Preliminary 'AAA (sf)' Rating Assigned To JHF's ?50.6 Billion Series 47 Structured Issuance Mar 11
- Published: March 2011
- Standard & Poors
OVERVIEW JHF Series 47 fixed-rate residential mortgage-secured pass-through notes are a structured note issuance originated by JHF, ultimately backed by a pool of residential mortgage loans. Standard & Poor's Ratings Services assigned its preliminary 'AAA (sf)' ratings to the notes, based on our view of the transaction's legal structure, credit support, and pool characteristics, among other factors. Due to the structural features of this transaction, the rating on the notes is dependent to a certain extent upon the credit quality of JHF. TOKYO (Standard & Poor's) March 18, 2011--Standard & Poor's Ratings Services today assigned its preliminary 'AAA (sf)' rating to Japan Housing Finance Agency's (JHF: AA-/Stable/A-1+) -50.6 billion Series 47 fixed-rate residential mortgage-secured pass-through notes. The notes are ultimately...
Companies mentioned in this report are: Japan Housing Finance Agency
Action: New Rating
Action: Preliminary Rating
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Research type: News
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Japan Housing Finance Agency
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