Wyoming Community Development Authority 2015 Series 4-6 Housing Revenue Bonds Assigned 'AA+' Rating

SAN FRANCISCO (Standard&Poor's) Aug. 4, 2015--Standard&Poor's Ratings Services said that it assigned its 'AA+' rating to the Wyoming Community Development Authority's (WCDA) 2015 series 4, 5, and 6 housing revenue bonds. Standard&Poor's also affirmed its 'AA+' long?term rating on bonds previously issued under WCDA's 1994 parity indenture and its 'A?1+' short?term rating on all variable?rate bonds outstanding under the 1994 indenture. The outlook on all ratings is stable. The short?term rating reflects liquidity support in the form of standby bond purchase agreements provided by either State Street Bank and Trust Co. (AA?/Stable/A?1+) or The Bank of New York Mellon (AA?/Stable/A?1+). "The 'AA+' long?term rating is based on our view of the strong credit quality

...SAN FRANCISCO (Standard & Poor's) Aug. 4, 2015--Standard & Poor's Ratings Services said that it assigned its '##+' rating to the Wyoming Community Development Authority's (WCDA) 2015 series 4, 5, and 6 housing revenue bonds. Standard & Poor's also affirmed its '##+' long#term rating on bonds previously issued under WCDA's 1994 parity indenture and its 'A#1+' short#term rating on all variable#rate bonds outstanding under the 1994 indenture. The outlook on all ratings is stable. The short#term rating reflects liquidity support in the form of standby bond purchase agreements provided by either State Street Bank and Trust Co. (###/Stable/A#1+) or The Bank of New York Mellon (###/Stable/A#1+). "The '##+' long#term rating is based on our view of the strong credit quality of the mortgage loan collateral," said Standard & Poor's credit analyst Aulii Limtiaco, "and very strong reserves sized in accordance with our '##+' rating level minimums to provide protection for potential loan losses." Other...

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