Standard&Poor's Ratings Services affirmed its 'AA+' rating on New Mexico Mortgage Finance Authority's (Sun Pointe Park LP) multifamily housing revenue bonds (Sun Pointe Park Apartments), series 2005E and 2005F. The bonds are secured by a mortgage loan insured by the Federal Housing Administration (FHA) under section 524(c) Risk Share Program of the Housing and Community Development Act of 1992. The rating on the bonds reflects: The high credit quality of the FHA-insured mortgage loan collateral, which we consider to be 'AA+' eligible; 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; Investments held in IXIS Funding, which is guaranteed by Caisse des
