The affirmation of Georgia Housing and Finance Agency's (GHFA) three parity resolutions reflects the continuing strong performance of the authority's individual bond resolutions and the continuing ability of the authority as a financially sound, experienced entity able to provide stable management and, when necessary, financial support to its bond issues. The affirmations of the three resolutions continue to reflect: The quality and performance of the mortgage loan collateral, Strength of the indenture cash flows, Loss coverage sufficiency, Adequate reserves under each resolution, and The quality of investments. Each of the resolutions is also supported by the GO pledge of GHFA; however, the ratings are not based on the pledge. The stable outlook reflects the continued satisfactory financial performance of each
