Performance Watch: Japan Housing Finance Agency And Government Housing Loan Corp. Residential Mortgage-Secured Pass-Through Notes Mar 13
- Language: English
- Published: March 2013
- Region: Japan
TOKYO (Standard & Poor's) March 15, 2007--Standard & Poor's Ratings Services today assigned its preliminary 'AAA' rating to Government Housing Loan Corp.'s (GHLC) -71.7 billion Series 53 fixed-rate residential mortgage-secured pass-through notes. The notes are ultimately secured by a pool of residential mortgage loans originated by GHLC. The preliminary rating is based on information as of March 15, 2007. Subsequent information may result in the assignment of a final rating that differs from the preliminary rating. A final rating will be assigned after the amount and exact terms of the notes are finalized and a full rating analysis is completed, including a satisfactory review of the final pool, cash flow modeling, final structure, transaction documents, and legal and tax opinions....
Companies mentioned in this report are: Japan Housing Finance Agency
Action: Preliminary Rating
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Research type: News
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Japan Housing Finance Agency