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Fannie Mae, Freddie Mac Lose Fitch AAA Ratings After US Downgrade

Andrew Coen

Thu Aug 03 2023 16:00:00 GMT+0000 (Coordinated Universal Time)

Fitch Ratings downgraded the long-term debt of Fannie Mae and Freddie Mac late Wednesday, underscoring the contagion effect from the U.S government’s first credit downgrade in 12 years.

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