OVERVIEW JHF Series 44 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 'AAA (sf)' rating 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) Dec. 27, 2010--Standard & Poor's Ratings Services today assigned its 'AAA (sf)' rating to Japan Housing Finance Agency's (JHF: AA/Negative/A-1+) ¥201.7 billion Series 44 fixed-rate residential mortgage-secured pass-through notes. The notes are ultimately secured by...
Companies mentioned in this report are:
- Japan Housing Finance Agency
Action: New Rating
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Research type: News
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