Investor Information

Investor Information

NJHMFA's issuer credit ratings of AA (stable outlook) by Standard & Poor's Rating Services and Aa2 (stable outlook) by Moody's Investors Service, Inc. are among the highest ratings given to any state housing finance agency in the nation.

Our downloadable Annual Reports, Audited Financial Statements, and Bond Information are all available in the Media Room's Investor Info Page.

Investor and Bondholder Frequently Asked Questions

  1. Who is the Trustee/Paying Agent for a specific HMFA bond?

    See our Bond Information document in the Media Room's Investor Information Page.

  2. I own an HMFA bond that was called for redemption several years ago. How do I go about retrieving all funds due to me?

    For more information, please contact the Trustee/Paying Agent for your particular bond.

  3. Who can investors and brokers contact if they have additional inquiries related to HMFA's bonds?

    Joe Heath, Deputy Director of Capital Markets
    Phone: (609) 278-7574
    E-mail:
     jheath@njhmfa.state.nj.us


    OR

    Todd Evans, Director of Capital Markets
    Phone: (609) 278-7458
    E-mail:
     tevans@njhmfa.state.nj.us

  4. For Multifamily bonds, what are the characteristics (mortgage prepayments and delinquencies, mortgage subsidies such as Section 8 or Section 236, etc.) of the mortgage loans whose payments are pledged as security for the bonds?

    For questions on specific Multifamily bond issues, please contact the Deputy Director of Capital Markets.

    Joe Heath, Deputy Director of Capital Markets
    Phone: (609) 278-7574
    E-mail:
     jheath@njhmfa.state.nj.us

  5. For Single Family bonds, what are the characteristics (prepayment speeds, delinquency rates, primary mortgage insurance coverage, etc.) of the mortgage loans whose payments are pledged as security for the bonds?


    For questions on specific Single Family bond issues, please contact the Deputy Director of Capital Markets.

    Joe Heath, Deputy Director of Capital Markets
    Phone: (609) 278-7574
    E-mail:
     jheath@njhmfa.state.nj.us

  6. Are there any plans to call any HMFA bonds early and/or is the HMFA currently planning any bond refundings?

    The HMFA periodically reviews all of its outstanding bond issues for opportunities to lower its cost of funds. Any plans that the HMFA may have to call bonds for redemption and/or effectuate a refunding are subject to change and are considered preliminary until such time the Notice of Redemption or Refunding has been published by the Trustee.

  7. Does the HMFA cross call?

    The HMFA currently issues bonds under general resolutions that permit cross calling.