SAN FRANCISCO (Standard&Poor's) July 15, 2005--Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to Colorado Housing and Finance Authority's (CHFA) series 2005 B-1 and 2005 B-2 bonds and existing class I single-family mortgage bonds. Additionally, Standard&Poor's assigned its 'AA' rating to CHFA's series 2005 B-3 bonds and existing class II bonds and its 'SP-1+' short-term rating to CHFA's class I series 2005 B-4 and 2005 B-5 notes. The outlook is stable. "The series 2005 B-1 and 2005 B-2 bonds and existing class I single-family mortgage bonds have substantial overcollateralization with about 112% asset-to-liability parity," Standard&Poor's credit analyst Karen Fitzgerald said. "The series 2005 B-3 bonds and existing class II bonds show very
