Summary: Colorado Housing&Finance Authority; Single Family Whole Loan

S&P Global Ratings assigned its 'AAA' long-term rating to the Colorado Housing&Finance Authority's (CHFA) 2019 series A, series B-1, and series C single-family mortgage class I bonds. In addition, CHFA plans to issue class I 2019 series B-2 adjustable rate single-family mortgage bonds, secured by the open indenture and a liquidity facility from Barclays Bank PLC, which we will rate separately from this transaction. Finally, S&P Global Ratings affirmed its 'AAA' and 'AA' long-term ratings and various short-term ratings on all existing class I and class II bonds, respectively, under the indenture. Where applicable, the outlook is stable. The ratings reflect our opinion of the indenture's following strengths: Substantial overcollateralization, as evidenced by the 118.7% and 110.4% asset-to-liability

...S&P Global Ratings assigned its '###' long-term rating to the Colorado Housing & Finance Authority's (CHFA) 2019 series A, series B-1, and series C single-family mortgage class I bonds. In addition, CHFA plans to issue class I 2019 series B-2 adjustable rate single-family mortgage bonds, secured by the open indenture and a liquidity facility from Barclays Bank PLC, which we will rate separately from this transaction. Finally, S&P Global Ratings affirmed its '###' and '##' long-term ratings and various short-term ratings on all existing class I and class II bonds, respectively, under the indenture. Where applicable, the outlook is stable. The ratings reflect our opinion of the indenture's following strengths: + Substantial overcollateralization, as evidenced by the 118.7% and 110.4% asset-to-liability parities on the class I and class II bonds, respectively, according to the May 1, 2018 disclosure report; + A loan portfolio of very strong credit quality, with 72% of the total existing loan...

Summary