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

S&P Global Ratings assigned its 'AA+' long-term rating and stable outlook to Massachusetts Housing Finance Agency's (MassHousing) roughly $89.84 million series 222 single-family housing revenue bonds (SFHRB) (nonalternative-minimum-tax social bonds) and affirmed its 'AA+' long-term rating and underlying rating (SPUR), with a stable outlook, and 'AA+/A-1+' dual rating, with a stable outlook, on MassHousing's existing debt. MassHousing will use series 222 bond proceeds to replace and refund certain bonds and finance new mortgage loans under the program through the purchase of mortgage-backed securities (MBS) and the direct purchase of whole mortgage loans. MassHousing will issue series 222 bonds in a fixed-rate mode, partially subject to optional and special redemption as set forth in the official statement. The 'AA+' rating reflects

...S&P Global Ratings assigned its '##+' long-term rating and stable outlook to Massachusetts Housing Finance Agency's (MassHousing) roughly $89.84 million series 222 single-family housing revenue bonds (SFHRB) (nonalternative-minimum-tax social bonds) and affirmed its '##+' long-term rating and underlying rating (SPUR), with a stable outlook, and '##+/A-1+' dual rating, with a stable outlook, on MassHousing's existing debt. MassHousing will use series 222 bond proceeds to replace and refund certain bonds and finance new mortgage loans under the program through the purchase of mortgage-backed securities (MBS) and the direct purchase of whole mortgage loans. MassHousing will issue series 222 bonds in a fixed-rate mode, partially subject to optional and special redemption as set forth in the official statement....

Summary