OREANDA-NEWS. National Rating Agency has withdrawn its credit rating on Samara Oblast's Housing And Mortgage Fund (SOHMF) due to expiry of the contract and the company's decision to stop participating in the rating process. SOHMF is assigned an exit rating of 'A+'. The company was assigned NRA's first-time rating of 'A+' on Dec. 13, 2011. The rating was re-affirmed each consecutive year.

SOHMF is a non-profit organization, established by the Government of Samara Oblast and acting as a Samara-based regional operator of the Agency for Housing Mortgage Lending (AHML). It is also engaged in carrying out social programmes of the Samara Oblast' Government.

SOHMF's activities are supervised by the Samara Oblast'Ministry of Construction.