TITLE

Penn. HFA's Historic Year

AUTHOR(S)
cataldo, Adam L.
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/10/2005, Vol. 351 Issue 32046, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Pennsylvania Housing Finance Agency (HFA) has sold a record amount of single-family housing debt in 2004, relying on interest rate swaps, more aggressive marketing, and increased networking to help it battle with commercial mortgage lenders. The Pennsylvania HFA sold about US$627.5 million of single-family housing bonds in 2004 to provide mortgages for state residents even though low interest rates have created a difficult operating environment for HFAs nationwide.
ACCESSION #
15642669

 

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