Standard&Poor's Ratings Services affirmed its 'AA' long-term rating on the Colorado Housing and Finance Authority's (CHFA) single-family program senior bonds, series 2000C, 2000D, 2001B, and 2001C, reflecting: Strong asset-to-liability parity positions exceeding 121% in all cases; The high credit quality of the mortgage loan collateral; Fully funded reserves assuring adequate liquidity; and Investments supporting the rating on the bonds. These strengths are offset by relatively high delinquency and foreclosure rates for all of the above series. The substantial overcollateralization of each issue mitigates these high delinquency and foreclosure rates. Asset-to-liability parity is 200% for series 2000C, 123% for series 2000D, 121% for series 2001B, and 123% for series 2001C. Loss reserves have been calculated in accordance with our
