Standard&Poor's Ratings Services affirmed its 'AAA' rating on New Mexico Mortgage Finance Authority's (Sun Pointe Park L.P.) multifamily housing revenue bonds (Sun Pointe Park Apartments) series 2005C and 2005D . The bonds are secured by a mortgage loan that is insured by FHA under section 524(c) Risk Share Program of the Housing and Community Development Act of 1992. The rating continues to reflect: The extremely high credit quality of the FHA-insured mortgage loan collateral; Sufficiency of assets and revenues to pay debt service and expenses; A debt service reserve fund sized at six months' debt service on the bonds; Extremely strong investment quality; and An asset-to-liability position of 101.74% as of Dec. 31, 2008. Bond proceeds will be
