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 Oct 19, 2011
1262 words — Published Oct 19, 2011
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Abstract:

Standard&Poor's Ratings Services changed its rating to 'AA+/A-1' from 'AA+/A-1+' on Wyoming Community Development Authority's (WCDA) single-family mortgage bonds, series 2001A, 2002A, and 2003B. The outlook is stable. The rating change is based on the substitution of the existing temporary credit and liquidity facility (TCLF) from Fannie Mae (AA+/A-1+) and Freddie Mac (AA+/A-1+) with a standby bond purchase agreement (SBPA) provided by Bank of America N.A. (A+/A-1). In addition, we withdrew our 'AA+' underlying rating (SPUR) on the bonds based on the termination of the TCLF with Fannie Mae and Freddie Mac, effective on the remarketing date of Oct. 20, 2011. The 'AA+' long-term rating reflects the rating of the single-family mortgage bonds issued under WCDA's 1978 parity

  
Brief Excerpt:

RESEARCH Summary: Wyoming Community Development Authority; Single Family Whole Loan Publication date: 19-Oct-2011 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" Oct 19, 2011. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-902344>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Wyoming Community Development Authority; Single Family Whole Loan Oct 19, 2011. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-902344>
  
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