Southern California Home Fin Auth's Single-Family Mortgage Revenue Bond Ratings Raised To 'AAA/A-1+' - S&P Global Ratings’ Credit Research

Southern California Home Fin Auth's Single-Family Mortgage Revenue Bond Ratings Raised To 'AAA/A-1+'

Southern California Home Fin Auth's Single-Family Mortgage Revenue Bond Ratings Raised To 'AAA/A-1+' - S&P Global Ratings’ Credit Research
Southern California Home Fin Auth's Single-Family Mortgage Revenue Bond Ratings Raised To 'AAA/A-1+'
Published Jan 20, 2010
1039 words — Published Jan 20, 2010
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Abstract:

SAN FRANCISCO (Standard&Poor's) Jan. 20, 2010--Standard&Poor's Ratings Services raised its ratings on California Housing Finance Agency's (CalHFA) home mortgage revenue bonds, series 2004 A and G (also designated as Southern California Home Finance Authority's single-family mortgage revenue bonds, series 2004 A and B) to 'AAA/A-1+' from 'AA-/A-1+', and removed the ratings from CreditWatch with negative implications, reflecting a substitution of the enhancement. We expect that on Jan. 20, 2010 (the substitution date), the existing enhancements will be terminated and replaced under the U.S. Treasury's Temporary Credit and Liquidity Program (TCLP). Under TCLP, one master irrevocable standby temporary credit and liquidity facility (C&L facility), issued by Fannie Mae and Freddie Mac (collectively, the GSEs) in

  
Brief Excerpt:

RESEARCH Southern California Home Fin Auth's Single-Family Mortgage Revenue Bond Ratings Raised To '###/A-1+' Publication date: 20-Jan-2010 Primary Credit Analyst: Karen Fitzgerald, San Francisco (1) 415-371-5023; karen_fitzgerald@standardandpoors.com...

  
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Ratings Action

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Public Finance
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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.

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MLA:
S&P Global Ratings’ Credit Research. "Southern California Home Fin Auth's Single-Family Mortgage Revenue Bond Ratings Raised To 'AAA/A-1+'" Jan 20, 2010. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Southern-California-Home-Fin-Auth-s-Single-Family-Mortgage-Revenue-Bond-Ratings-Raised-To-AAA-A-1-769899>
  
APA:
S&P Global Ratings’ Credit Research. (). Southern California Home Fin Auth's Single-Family Mortgage Revenue Bond Ratings Raised To 'AAA/A-1+' Jan 20, 2010. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Southern-California-Home-Fin-Auth-s-Single-Family-Mortgage-Revenue-Bond-Ratings-Raised-To-AAA-A-1-769899>
  
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