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Fitch Affirms DASNY Residential Institutions for Children Bonds at 'A' (Underlying); Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A' underlying rating on the following Dormitory Authority of the State of New York (DASNY) bonds: --Approximately $45.5 million outstanding residential institutions for children revenue bonds, series 2008A-1. The Rating Outlook is Stable. This underlying rating does not recognize security provided by State of New York Mortgage Agency (SONYMA) mortgage insurance policies. The bonds are secured by a pledge and assignment of all revenues r

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