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 Sep 28, 2017
9 pages (3842 words) — Published Sep 28, 2017
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AAA' long-term rating to the Colorado Housing&Finance Authority's (CHFA) series 2017C and 2017D single-family mortgage class I bonds. Additionally, S&P Global Ratings affirmed all ratings on outstanding class I and class II bonds within the indenture. The outlook on the ratings, where applicable, is stable. Along with the issuance of series 2017C and 2017D, the authority is issuing series 2017E floating rate notes that will be directly purchased by Wells Fargo Bank N.A. We will not rate this series. The ratings reflect our opinion of the indenture's following strengths: Substantial over-collateralization at nearly 120% on the class I bonds, and 110% on the class II bonds; A loan portfolio of very strong credit

  
Brief Excerpt:

...S&P Global Ratings assigned its '###' long-term rating to the Colorado Housing & Finance Authority's (CHFA) series 2017C and 2017D single-family mortgage class I bonds. Additionally, S&P Global Ratings affirmed all ratings on outstanding class I and class II bonds within the indenture. The outlook on the ratings, where applicable, is stable. Along with the issuance of series 2017C and 2017D, the authority is issuing series 2017E floating rate notes that will be directly purchased by Wells Fargo Bank N.A. We will not rate this series. The ratings reflect our opinion of the indenture's following strengths:...

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Colorado Housing&Finance Authority; Single Family Whole Loan" Sep 28, 2017. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Housing-Finance-Authority-Single-Family-Whole-Loan-1923113>
  
APA:
S&P Global Ratings’ Credit Research. (). Colorado Housing&Finance Authority; Single Family Whole Loan Sep 28, 2017. 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-1923113>
  
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