Fortuño: U.S. ‘acted too late’ to avoid downgrade
August 8, 2011
Contrasting Puerto Rico’s current economic conditions with those of the U.S. mainland’s, Gov. Luis Fortuño said the “U.S. is starting to suffer the consequences of not acting immediately” to its escalating fiscal troubles.
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HFA bond portfolios maintain “AAA” rating, get Fitch stable outlook forecast
June 3, 2011
New York-based credit ratings agency Fitch Ratings affirmed Friday its “AAA” rating on the Puerto Rico Housing Finance Authority’s $191 million mortgage subsidy program single family mortgage revenue bonds.
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