New York, October 14, 2016 -- Issue: Single Family Mortgage Program Class I Bonds 2016 Series C-1 (Tax-Exempt) (Non-AMT); Rating: Aaa; Rating Type: Underlying LT; Sale Amount: $50,000,000; Expected Sale Date: 11/23/2016; Rating Description: Mortgage: Single-Family: GNMA/FNMA/FHLMC;

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