Summary: Massachusetts Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan

S&P Global Ratings assigned its 'AA+' long-term rating to the Massachusetts Housing Finance Agency's (MassHousing, or the agency) single?family housing revenue bonds (SFHRBs), series 215 (non-AMT), and 216 (non-AMT). At the same time, we affirmed our 'AA+' long-term rating and underlying rating (SPUR) and our 'AA+/A-1+' dual rating on MassHousing's SFHRBs outstanding. The outlook is stable. MassHousing will use the series 215 and 216 proceeds, with principal amounts totaling approximately $67.3 million, to refund all of the series 189 bonds outstanding, to replace and refund certain bonds outstanding, and to finance new mortgage loans under the program either through the purchase of mortgage-backed securities (MBS) or direct purchase of whole mortgage loans. The series 215 bonds will be issued in

...S&P Global Ratings assigned its '##+' long-term rating to the Massachusetts Housing Finance Agency's (MassHousing, or the agency) single#?family housing revenue bonds (SFHRBs), series 215 (non-AMT), and 216 (non-AMT). At the same time, we affirmed our '##+' long-term rating and underlying rating (SPUR) and our '##+/A-1+' dual rating on MassHousing's SFHRBs outstanding. The outlook is stable. MassHousing will use the series 215 and 216 proceeds, with principal amounts totaling approximately $67.3 million, to refund all of the series 189 bonds outstanding, to replace and refund certain bonds outstanding, and to finance new mortgage loans under the program either through the purchase of mortgage-backed securities (MBS) or direct purchase of whole mortgage loans. The series 215 bonds will be issued in fixed-rate mode and the series 216 bonds will be issued initially in term rate mode for a period ending on May 31, 2025. The bonds are subject to optional and special redemption as set forth in...

Summary