Moody's Cites Erosion in Local Multifamily Sector

August 2004
Bond Buyer;8/6/2004, Vol. 349 Issue 31942, p2
Trade Publication
Reports that public finance housing downgrades outpaced upgrades in the United States during the second quarter of 2004, according to Moody's Investors Service Inc. Decline in credit quality in the local multifamily housing sector; Number of transactions rated by Moody's during the second quarter; Percentage of credit issued for single-family housing and military housing.


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