The rating on Rhode Island Health and Education Facility Building Corp.'s bonds reflects: * The quality of the mortgage loan collateral, * Sufficiency of reserves to cover any potential shortfalls, * Sufficiency of assets and revenues to pay debt service and expenses, and * Quality of investments. The bonds were issued to provide money to finance the renovations and capital improvements to Roger Williams Realty Corp.'s existing facilities located in Providence, R.I. The mortgage loan is insured by FHA under section 232 of the National Housing Act. Accordingly, should the mortgagor default under his obligations under the mortgage note, the trustee will be entitled to file mortgage insurance benefits. In order to preserve timely debt service to bondholders, there is
