NY -- Standard&Poor's CreditWire 12/29/1998 –- Standard&Poor's today affirmed its triple-'A' rating to Washington State Housing Finance Commission's mortgage backed securities program single family bonds series 1995A, 1995B, and 1995C. The affirmation is based on: -- The high credit quality of the GNMA and FNMA mortgage-backed securities (MBS) securing the 1995A bonds; -- The high credit quality of the GNMA MBS securing the 1995B and C bonds; -- Triple-'A' rated investments; and -- Stable financial performance. Washington State Housing Finance Commission issued these bonds under two separate resolutions to purchase MBS, which are backed by single-family mortgage loans originated to low and moderate income state residents. The first stand alone resolution is for series 1995A, and
