20.08.2014 16:55:00

East Baton Rouge MFA-Sgle. Fam. Mtg., LA -- Moody's corrects the rating on East Baton Rouge Mortgage Finance Authority (LA), Single Family Mortgage Revenue Refunding Bonds (GNMA & FNMA...

New York, August 20, 2014 -- Due to an internal administrative error, Moody's did not place the Aaa rating of the Baton Rouge Mortgage Finance Authority (LA), Single Family Mortgage Revenue Refunding Bonds (GNMA & FNMA Mortgage-Backed Security Program), Ser. 2002A-1R on review for possible downgrade on September 07, 2012 and did not downgrade the rating to Aa1 from Aaa on November 21, 2012. Subsequently, the rating was erroneously affirmed on July 18, 2013.

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