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 219 (AMT; social bonds) and 220 (non-AMT; social bonds). 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 219 and 220 proceeds, with principal amounts totaling approximately $88.3 million, 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 219 and 220 bonds will be issued in fixed-rate mode. The

...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 219 (AMT; social bonds) and 220 (non-AMT; social bonds). 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 219 and 220 proceeds, with principal amounts totaling approximately $88.3 million, 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 219 and 220 bonds will be issued in fixed-rate mode. The 220 bonds are subject to optional and special redemption as set forth in the official statement. The series 219 bonds are not subject to optional or special redemption....

Summary