S&P Downgrades Fannie and Freddie, Too
Standard & Poor’s has downgrade fever. The ratings agency today downgraded the credit ratings of mortgage lenders Fannie Mae and Freddie Mac and a host of other agencies linked to long-term US debt, including farm lenders; long-term government-backed debt from 32 banks and credit unions; and three major clearinghouses, which…
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S&P Downgrades Fannie and Freddie, Too
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on August 8, 2011. Filed under News, World News.
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