S&P slashes outlooks for GSEs, FHLB and Farm Credit systems

Standard & Poor's Ratings Services said its move to change the outlook on U.S. debt to negative prompted lowered outlooks on Fannie Mae, Freddie Mac, the Farm Credit System and the Federal Home Loan Bank system. "We derive our opinion of the support included in the ratings based on the links and roles attached to the supporting entity, the U.S. government," according to S&P.

View Full Article in:

Wall Street Journal (tiered subscription model), The

Published in Brief: