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Investor and Bondholder
Frequently Asked Questions
- Who is the Trustee/Paying Agent for a specific HMFA bond?
Bond Information
- 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. Bond Information
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Who can investors & brokers contact if they have additional inquiries related to HMFA’s bonds?
Joe Heath, Assistant Director of Capital Markets
Phone: (609) 278-7574
E-mail: jheath@njhmfa.state.nj.us
OR
Todd Evans, Director of Finance Phone: (609) 278-7458
E-mail: tevans@njhmfa.state.nj.us
- For Multi-Family 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 Multi-Family bond issues, please contact the Assistant Director of Capital Markets.
- 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 Assistant Director of Capital Markets.
- 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.
- Does the HMFA cross call?
The HMFA currently issues bonds under general resolutions that permit cross calling. To date, the HMFA has never utilized cross calling & has no plans to do so in the foreseeable future.
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