| Title: | Presale: Japan Housing Finance Agency |
| Price: | $400.00 |
| Publication Date: | May 07, 2008 |
| Report Type: | Full Report |
| Abstract: | Standard&Poor's Ratings Services expects to assign its 'AAA' rating to Japan Housing Finance Agency (JHF) ¥200 billion Series S-8 fixed-rate residential mortgage-secured pass-through notes and beneficiary certificates (subsequent to a trigger event). Standard&Poor's rating addresses the timely payment of interest, or interest distribution in the case of the beneficiary certificates, allowing for a three-month grace period, and the ultimate repayment of principal by the transaction's legal final maturity in May 2039. The preliminary rating is based on information as of April 22, 2008. Subsequent information may result in the assignment of a final rating that differs from the preliminary rating. Final ratings will be assigned after the amount and exact terms are finalized and a full |
| Brief Excerpt: | RESEARCH Ratings Definitions Presale: Japan Housing Finance Agency Publication date: ##-May-#### Primary Credit Analyst: Hiroshi Sonoda, Tokyo (##) #-####-####; hiroshi_sonoda@standardandpoors.com Secondary Credit Analysts: Takahira... |
| Word Count: | 3090 |
| Sector: | Global Issuers, Structured Finance, Sovereigns, International Public Finance, Servicer Evaluations, Asset-Backed Securities, Collateralized Debt Obligations, Real Estate Companies, Asset-Backed Commercial Paper, Commercial MBS, Residential MBS |
| Format: | 
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