Nov. 29, 2018 2018-XF0721 Pennsylvania Housing Finance Agency's series 2012-114C single-family mortgage revenue bonds (market bonds) (non-alternative-minimum tax), series 2015-116B single-family mortgage revenue bonds, series 2015-118B single-family mortgage revenue bonds, series 2016-120 single-family mortgage revenue bonds (non-alternative-minimum tax), series 2016-121 single-family mortgage revenue bonds, series 2017-123B single-family mortgage revenue bonds, and series 2017-124B single-family mortgage revenue bonds JPMorgan Chase Bank N.A. FMSbonds Inc. JPMorgan Securities LLC S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively the receipts), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the receipts. Trust assets include all distributions of principal; interest; and premiums, if any, from the
