Colorado Housing&Finance Authority; Single Family Whole Loan - S&P Global Ratings’ Credit Research

Colorado Housing&Finance Authority; Single Family Whole Loan

Colorado Housing&Finance Authority; Single Family Whole Loan - S&P Global Ratings’ Credit Research
Colorado Housing&Finance Authority; Single Family Whole Loan
Published Jan 07, 2015
Published Jan 07, 2015
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA' rating on Colorado Housing&Finance Authority's class I series 2015A bonds under its single family mortgage bond indenture. In addition, Standard&Poor's affirmed all ratings on class I bonds and class II bonds within the indenture. The outlook on all ratings is stable. The ratings reflect our opinion of the: Substantial overcollateralization that exceeds 116% on the senior class I bonds and 108% on the class II bonds; Very strong credit quality of the Federal Housing Authority (FHA)-insured, conventionally insured, other insured, and uninsured mortgage loans backing the bonds; Sufficiency of reserves to cover potential credit and liquidity shortfalls; and High quality investments. Partly offsetting these strengths is our view

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Colorado Housing&Finance Authority; Single Family Whole Loan" Jan 07, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Housing-Finance-Authority-Single-Family-Whole-Loan-1378439>
  
APA:
S&P Global Ratings’ Credit Research. (). Colorado Housing&Finance Authority; Single Family Whole Loan Jan 07, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Housing-Finance-Authority-Single-Family-Whole-Loan-1378439>
  
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