VHDA Seeks to Cut Costs by Selling Pass-Throughs.Reports on the Virginia Housing Development Authority's sale of taxable single-family mortgage bond pass-through certificates. Structure of the bonds; Predictability of the cash flows.FerrisCraig...
VHDA finance director Patrick J. Carey said the expected increase in borrowing is partly due to the rising popularity of the Authority's new "1st Choice" mortgage product, which was started last year.EBSCO_bspBond Buyer