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

Wyoming Community Development Authority; Single Family Whole Loan

Wyoming Community Development Authority; Single Family Whole Loan - S&P Global Ratings’ Credit Research
Wyoming Community Development Authority; Single Family Whole Loan
Published Apr 14, 2017
6 pages (2620 words) — Published Apr 14, 2017
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to the Wyoming Community Development Authority's (WCDA) housing revenue bonds, 2017 series 1, 2, and 3. S&P Global Ratings also affirmed its 'AA+' long-term rating on the bonds previously issued under WCDA's 1994 parity indenture. Finally, we affirmed our 'A-1+' short-term rating on all variable-rate bonds outstanding under the 1994 indenture. The outlook, where applicable, is stable. The short-term rating reflects our view of liquidity support in the form of standby bond purchase agreements provided by Federal Home Loan Bank of Des Moines (AA+/Stable/A-1+). The 'AA+' long-term rating is based on our view of the following strengths: Strong credit quality of the mortgage loan collateral; Strength of the cash flow runs, with

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' long-term rating to the Wyoming Community Development Authority's (WCDA) housing revenue bonds, 2017 series 1, 2, and 3. S&P Global Ratings also affirmed its '##+' long-term rating on the bonds previously issued under WCDA's 1994 parity indenture. Finally, we affirmed our 'A-1+' short-term rating on all variable-rate bonds outstanding under the 1994 indenture. The outlook, where applicable, is stable. The short-term rating reflects our view of liquidity support in the form of standby bond purchase agreements provided by Federal Home Loan Bank of Des Moines (##+/Stable/A-1+). The '##+' long-term rating is based on our view of the following strengths:...

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Wyoming Community Development Authority; Single Family Whole Loan" Apr 14, 2017. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-1832211>
  
APA:
S&P Global Ratings’ Credit Research. (). Wyoming Community Development Authority; Single Family Whole Loan Apr 14, 2017. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-1832211>
  
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