Bangkok--17 Jan--Standard & Poor's
Standard & Poor's Ratings Services placed the following four housing issues on CreditWatch with positive implications due to changes made in counterparty criteria (see, "Counterparty and Supporting Obligations Methodology and Assumptions," published Dec. 2, 2010, on RatingsDirect on the Global Credit Portal):
Chicago, Ill.'s multifamily housing revenue bonds (Ginnie Mae collateralized - Quincy Apartments) series 2000
Houston Housing Finance Corp., Texas' multifamily housing revenue bonds (Cullen Park Apartments Project) series 2001
Ohio Housing Finance Agency's multifamily housing revenue bonds (Ginne Mae collateralized - The Salvation Army Booth Residence) series 2006D
Tompkins Health Care Corp., N.Y.'s FHA-insured multifamily housing mortgage bonds (Reconstruction Home Inc.) meeting series 1993A
Complete ratings information is available to RatingsDirect subscribers on the Global Credit Portal at www.globalcreditportal.com and RatingsDirect subscribers at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com. Use the Ratings search box located in the left column.
Media Contact:
Ana Sandoval, New York (1) 212-438-5095,
[email protected]
Analyst Contacts:
Renee J Berson, New York (1) 212-438-7966
Moraa Andima, New York (1) 212-438-2734