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

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

Summary: North Carolina Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan - S&P Global Ratings’ Credit Research
Summary: North Carolina Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan
Published Jan 04, 2024
6 pages (2013 words) — Published Jan 04, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to the North Carolina Housing Finance Agency's (NCHFA) approximately $200 million home ownership revenue bonds (HORBs), series 53-A (non-alternative minimum tax; social bonds); and approximately $100 million HORBs, series 53-B (federally taxable; social bonds). At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating on the agency's HORB 1998 resolution and its 'AA+/A-1+' dual rating on the agency's series 52-C bonds, also issued under the HORB 1998 resolution. The outlook is stable. The 'AA+' long-term component of the rating reflects the credit characteristics of the NCHFA HORB 1998 resolution. Bonds issued within the HORB 1998 resolution are payable from the revenues, assets, and money pledged under the master indenture on

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' long-term rating to the North Carolina Housing Finance Agency's (NCHFA) approximately $200 million home ownership revenue bonds (HORBs), series 53-A (non-alternative minimum tax; social bonds); and approximately $100 million HORBs, series 53-B (federally taxable; social bonds). + At the same time, S&P Global Ratings affirmed its '##+' long-term rating on the agency's HORB 1998 resolution and its '##+/A-1+' dual rating on the agency's series 52-C bonds, also issued under the HORB 1998 resolution. + The outlook 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; Single Family Multiple MBS; Single Family Whole Loan" Jan 04, 2024. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-North-Carolina-Housing-Finance-Agency-Single-Family-Multiple-MBS-Single-Family-Whole-Loan-3107061>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: North Carolina Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan Jan 04, 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-Single-Family-Multiple-MBS-Single-Family-Whole-Loan-3107061>
  
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