Standard&Poor's Ratings Services affirmed its 'AA+' long-term and underlying ratings (SPUR) on Minnesota Housing Finance Agency's (MHFA) single-family mortgage bonds in conjunction, with the refunding of certain bonds and the transfer of allocable loans out of the parity resolution. The outlook is positive. On Jan. 1, 2010, MHFA will refund the following bonds and transfer the allocable loans to MHFA's residential mortgage finance bond resolution: 1995M, 1996JK, 1997ABC, 1997IJKL, 1998AB, 1998CDE, 1999BCD, 2000ABC, and 2000IJ. In Standard&Poor's opinion, this will not impact the ratings on the single-family mortgage bonds. The ratings reflect Standard&Poor's view of MHFA's: Strong financial performance and credit quality of the single-family mortgage bond program; High levels of loan loss coverage
