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S&P downgrades Fannie, Freddie, U.S.-backed debt

WASHINGTON, D.C. — Standard & Poor’s Ratings Services on Monday downgraded the credit ratings of Fannie Mae and Freddie Mac and other agencies linked to long-term U.S. debt. The agency also lowered the ratings for: farm lenders; long-term U.S. government-backed debt ...

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Conference set on Fannie, Freddie

WASHINGTON, D.C. — The Obama administration, which has been under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, says it will hold a conference in next month to discuss their future.

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