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Moody’s Downgrades 6 HFA Deals

Wednesday, November 25, 2009

NEW YORK - Moody's Investors Service said it has downgraded the following six housing finance agency multifamily transactions and removed them from Watchlist, following a review of each transaction's ability to maintain cash flow sufficiency assuming a 0% reinvestment rate. This action affects approximately $44 million in outstanding debt. All...

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