Standard & Poor's today affirmed its 'AAA'/'A-1+' senior unsecured debt ratings on Fannie Mae and Freddie Mac.

The agency also announced that it has also placed its  'AA-' risk-to-the-government, subordinated debt, and preferred stock ratings on Freddie Mac, and its 'AA-' subordinated debt and preferred stock ratings, and 'A+' risk-to-the-government rating on Fannie Mae on CreditWatch Negative.

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