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Home Business Fannie Mae, Freddie Mac Placed On Fitch’s Rating Watch Negative List
  • Business

Fannie Mae, Freddie Mac Placed On Fitch’s Rating Watch Negative List

Michelle Jones
-
Oct 17, 2013, 4:30 pm
0
Fannie Mae, Freddie Mac Placed On Fitch’s Rating Watch Negative List

Fannie Mae

Photo by NCinDC

Fitch Ratings has now put Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) on its Rating Watch Negative list. Specifically, this refers to both companies’ AAA Long-term Issuer Default Ratings (IDRs) and debt ratings. That’s according to a press release (via Reuters).