Pennsylvania Housing Finance Agency's Mortgage Revenue Bonds Rated 'AA+' - S&P Global Ratings’ Credit Research

Pennsylvania Housing Finance Agency's Mortgage Revenue Bonds Rated 'AA+'

Pennsylvania Housing Finance Agency's Mortgage Revenue Bonds Rated 'AA+' - S&P Global Ratings’ Credit Research
Pennsylvania Housing Finance Agency's Mortgage Revenue Bonds Rated 'AA+'
Published Aug 14, 2001
Published Aug 14, 2001
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Aug. 14, 2001—Standard&Poor's today assigned its double-'A'-plus rating to Pennsylvania Housing Finance Agency's (PHFA) $170.985 million mortgage revenue bonds series 2001-72A, $4.015 million mortgage revenue bonds series 2000-72B, and $50 million taxable mortgage revenue bonds series 2001-72C. Standard&Poor's also affirmed its double-'A'-plus rating on the agency's $2.36 billion single-family mortgage bonds and federally taxable single-family mortgage revenue bonds. The rating on Pennsylvania Housing Finance Agency's series 2001-72 bonds reflect: -- Very strong loss coverage protection provided by the agency's leveraged self insurance fund covering estimated loan losses at the double-'A' rating level; -- Cash flows indicating stable portfolio performance; -- Investments commensurate with the rating on the bonds; and -- GO

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
HTML HTML
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Pennsylvania Housing Finance Agency's Mortgage Revenue Bonds Rated 'AA+'" Aug 14, 2001. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Pennsylvania-Housing-Finance-Agency-s-Mortgage-Revenue-Bonds-Rated-AA-205578>
  
APA:
S&P Global Ratings’ Credit Research. (). Pennsylvania Housing Finance Agency's Mortgage Revenue Bonds Rated 'AA+' Aug 14, 2001. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Pennsylvania-Housing-Finance-Agency-s-Mortgage-Revenue-Bonds-Rated-AA-205578>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.