SAN FRANCISCO (Standard&Poor's) March 16, 2012--Standard&Poor's Ratings Services removed its ratings on the Colorado Housing&Finance Authority's (CHFA) Class I bonds, series 2008 A-2 and A-3 under CHFA's single-family mortgage bond indenture, from CreditWatch and affirmed the 'AAA' ratings. The outlook is stable. "The stable outlook on the Class I bond rating reflects our view of the extremely high asset-to-liability coverage in excess of our loss coverage requirements, very strong asset quality, and strong management oversight of the program," said Standard&Poor's credit analyst Lawrence Witte. "Should the rating on the U.S. decline below the 'AA' category, the credit on insurance and guarantees from FHA, VA, and USDA would decrease, leading to higher capital
