Standard&Poor's Ratings Services affirmed its 'AA+' long-term rating on Maricopa County Industrial Development Authority, Ariz.'s taxable single-family mortgage revenue bonds (mortgage-backed securities program) series 2000C and 2001A. The outlook is negative. The bonds are secured by Ginnie Mae mortgage-backed securities and Fannie Mae pass-through certificates. The rating continues to reflect our views of: The sufficiency of revenues from mortgage debt service payments and investment earnings to pay full and timely debt service on the bonds until maturity; Investments held in Dreyfus Money Market Fund (AAAm); and An asset-to-liability ratio of 100% and 100.76% for series 2000C and 2001A, respectively, as of Nov. 2, 2011. The rating also reflects the sovereign rating on the United States (AA+/Negative). Should the
