Standard&Poor's Ratings Services affirmed the 'A-1+' short-term component of its rating on the Colorado Housing&Finance Authority's Class I 2001 AA-2 and AA-3 bonds under its single family mortgage bonds indenture to reflect the substitution of standby bond purchase agreements (SBPAs) from Bank of New York Mellon ('A-1+' short-term rating) for liquidity coverage from Fannie Mae and Freddie Mac under a Temporary Credit and Liquidity Facility (TCLF) on June 12, 2013. Standard&Poor's also removed the underlying rating on the bonds (SPUR) based on the elimination of credit coverage with the removal of the TCLF. The 'AAA' rating reflects the characteristics listed below. The outlook is stable. The rating reflects our opinion of the: Substantial overcollateralization
