S&PGR Revises Southern California Home Finance Authority 2002A-1B Single Family Mortgage Revenue Bond Rating To 'AA-' - S&P Global Ratings’ Credit Research

S&PGR Revises Southern California Home Finance Authority 2002A-1B Single Family Mortgage Revenue Bond Rating To 'AA-'

S&PGR Revises Southern California Home Finance Authority 2002A-1B Single Family Mortgage Revenue Bond Rating To 'AA-' - S&P Global Ratings’ Credit Research
S&PGR Revises Southern California Home Finance Authority 2002A-1B Single Family Mortgage Revenue Bond Rating To 'AA-'
Published Nov 07, 2016
3 pages (1025 words) — Published Nov 07, 2016
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Nov. 7, 2016--S&P Global Ratings corrected by lowering its long-term rating on Southern California Home Finance Authority's series 2002A-1B single-family mortgage revenue bonds to 'AA-' from AA+. The outlook is stable. On Oct. 7, 2015, S&P Global Ratings revised the outlook on General Electric Co. to negative from stable. The rating service subsequently lowered the rating to 'AA-' with a stable outlook on Sept. 23, 2016. S&P Global Ratings missed revising the outlook to negative on Southern California Home Finance Authority's series 2002A-1B single-family mortgage revenue bonds. The general fund is held pursuant to a guaranteed investment contract with Trinity Funding Co. LLC. The ratings on Trinity Funding Co. LLC are directly linked to General

  
Brief Excerpt:

...information. Complete ratings information is available to subscribers of RatingsDirect at www.globalcreditportal.com and at www.spcapitaliq.com. All ratings affected by this rating action can be found on the S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column....

  
Report Type:

Ratings Action

Issuer
Southern California Home Fin Auth
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&PGR Revises Southern California Home Finance Authority 2002A-1B Single Family Mortgage Revenue Bond Rating To 'AA-'" Nov 07, 2016. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PGR-Revises-Southern-California-Home-Finance-Authority-2002A-1B-Single-Family-Mortgage-Revenue-Bond-Rating-To-AA-1752341>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PGR Revises Southern California Home Finance Authority 2002A-1B Single Family Mortgage Revenue Bond Rating To 'AA-' Nov 07, 2016. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PGR-Revises-Southern-California-Home-Finance-Authority-2002A-1B-Single-Family-Mortgage-Revenue-Bond-Rating-To-AA-1752341>
  
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