Summary: North Carolina Housing Finance Agency; Multifamily Whole Loan; Single Family Multiple MBS; Single Family Whole Loan - S&P Global Ratings’ Credit Research

Summary: North Carolina Housing Finance Agency; Multifamily Whole Loan; Single Family Multiple MBS; Single Family Whole Loan

Summary: North Carolina Housing Finance Agency; Multifamily Whole Loan; Single Family Multiple MBS; Single Family Whole Loan - S&P Global Ratings’ Credit Research
Summary: North Carolina Housing Finance Agency; Multifamily Whole Loan; Single Family Multiple MBS; Single Family Whole Loan
Published Sep 18, 2024
9 pages (3267 words) — Published Sep 18, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+/A-1+' dual rating to North Carolina Housing Finance Agency's (NCHFA) approximately $60 million home ownership revenue bonds (HORBs), series 56 (non-alternative minimum tax). At the same time, we affirmed our 'AA+' long-term rating on NCHFA's HORB 1998 resolution and our 'AA+/A-1+' dual rating on the agency's variable rate bonds, also issued under the HORB 1998 resolution. The outlook, where applicable, is stable. The 'AA+' long-term component of the dual rating reflects the credit characteristics of the agency's HORB 1998 resolution. Bonds issued within the HORB 1998 resolution are payable from the revenues, assets, and money pledged under the master indenture on a parity basis with all other obligations outstanding under the master indenture. The dual

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+/A-1+' dual rating to North Carolina Housing Finance Agency's (NCHFA) approximately $60 million home ownership revenue bonds (HORBs), series 56 (non-alternative minimum tax). + At the same time, we affirmed our '##+' long-term rating on NCHFA's HORB 1998 resolution and our '##+/A-1+' dual rating on the agency's variable rate bonds, also issued under the HORB 1998 resolution. + The outlook, where applicable, is stable....

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: North Carolina Housing Finance Agency; Multifamily Whole Loan; Single Family Multiple MBS; Single Family Whole Loan" Sep 18, 2024. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-North-Carolina-Housing-Finance-Agency-Multifamily-Whole-Loan-Single-Family-Multiple-MBS-Single-Family-Whole-Loan-3253322>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: North Carolina Housing Finance Agency; Multifamily Whole Loan; Single Family Multiple MBS; Single Family Whole Loan Sep 18, 2024. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-North-Carolina-Housing-Finance-Agency-Multifamily-Whole-Loan-Single-Family-Multiple-MBS-Single-Family-Whole-Loan-3253322>
  
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