TITLE

Mortgage Loan Demand Prompts N.C. Agency to Issue $65 Million

AUTHOR(S)
DeSue, Tedra
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/28/2006, Vol. 355 Issue 32328, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the sale of $65 million of revenue bonds by the North Carolina Housing Finance Agency to continue to keep up with the strong demand for mortgage loans stemming from low interest rates. The proceeds from the sale were used to construct single-family mortgage loans. The deal was rated by Moody's Investors Service and Standard and Poor as Aa2 and AA, respectively.
ACCESSION #
20281717

 

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