Research And Markets Research And Markets

Japan Housing Finance Agency Dec 08

  • ID: 2049841
  • December 2008
  • Region: Japan
  • Standard & Poors
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Strong support from the Japanese government A clearly defined public policy role in providing support for the securitization market Expectations of strong support from the government mirroring the support provided to its predecessor, Government Housing Loan Corp. Uncertainty over the profitability of JHF after the transition, given the currently unprofitable securitization business Potential risks to JHF's dominant position in the housing loan securitization market and the possible emergence of competitors, as the government might embark on a market competition test for JHF's securitization business The rating on Japan Housing Finance Agency (JHF; AA/Stable/--) is based on its clear policy role to help promote financing of residential loans in private banks through securitization of mortgage loans and strong government support extended...

Companies mentioned in this report are: Japan Housing Finance Agency,Japan (Unsolicited Ratings)
Action: Review

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: Full Analysis

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Japan Housing Finance Agency,Japan (Unsolicited Ratings)

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