Standard & Poor’s removed the Connecticut Housing Finance Authority’s mortgage finance bonds from its watch list and assigned a stable outlook.
S&P assigned its AAA long-term rating to Series 2011F-1, F-2, F3, E-1 and E-2 bonds. It assigned AAA/A-1 ratings to the Series 2011E-3 and E-4 bonds.
The rating agency had put the bonds under negative CreditWatch after it downgraded the general obligation rating of the federal government in June.
“The stable outlook reflects our opinion of the financial strength of the bonds and the strong oversight of the authority,” S&P credit analyst Moraa Andima said in a statement.
