Moody's: Strong margin growth drives change in HFA sector outlook
New York, November 29, 2016-- The outlook for the US State Housing Finance Agency sector has been revised to positive from stable for the next year, according to the new Moody's Investors Service report "State Housing Finance Agencies-- US: 2017 Outlook- HFA Margins Exceed Expectations Driving Positive Outlook." The outlook change was driven by strong growth in median HFA margins which rose to 17% in fiscal year 2015, outpacing their pre-crisis high. "We expect this upward trend to...
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