Summary: Wyoming Community Development Authority; Single Family Whole Loan - S&P Global Ratings’ Credit Research

Summary: Wyoming Community Development Authority; Single Family Whole Loan

Summary: Wyoming Community Development Authority; Single Family Whole Loan - S&P Global Ratings’ Credit Research
Summary: Wyoming Community Development Authority; Single Family Whole Loan
Published Dec 21, 2009
1320 words — Published Dec 21, 2009
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Abstract:

Standard&Poor's Ratings Services raised its rating on Wyoming Community Development Authority (WCDA)'s housing revenue bonds, series 2001A, 2002A, and 2003B to 'AAA/A-1+' from 'AA+/A-1+', reflecting a substitution of the enhancement. We expect that on Dec. 21, 2009 (the substitution date), the existing enhancements will be terminated and replaced under the U.S. Treasury's Temporary Credit and Liquidity Program (TCLP). Under TCLP, one master irrevocable standby temporary credit and liquidity facility (C&L facility), issued by Fannie Mae and Freddie Mac (collectively, the GSEs) in favor of the trustee, will support the three series of bonds. Standard&Poor's also assigned its 'AA+' underlying rating (SPURs) to the three series of upgraded bonds, and affirmed its 'AA+' rating on

  
Brief Excerpt:

RESEARCH Summary: Wyoming Community Development Authority; Single Family Whole Loan Publication date: 21-Dec-2009 Primary Credit Analyst: Karen Fitzgerald, San Francisco (1) 415-371-5023; karen_fitzgerald@standardandpoors.com Secondary...

  
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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: Wyoming Community Development Authority; Single Family Whole Loan" Dec 21, 2009. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-765371>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Wyoming Community Development Authority; Single Family Whole Loan Dec 21, 2009. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-765371>
  
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