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BULLETIN: Fannie Mae, Freddie Mac, FHLBs Unaffected by Proposed GSE Legislation Apr 04
Standard & Poors, April 2004
Abstract
NEW YORK (Standard & Poor's) April 2, 2004--Standard & Poor's Ratings Services is monitoring the passage of the proposed government-sponsored entity (GSE) legislation through Congress. In Standard & Poor's current understanding of the legislation, as amended by the Bennett proposal, and in its current form, there is nothing in it that, if enacted in its entirety, would cause a change in the 'AAA' ratings of the senior unsecured debt of Fannie Mae, Freddie Mac, or the consolidated obligations of the Federal Home Loan Banks under Standard & Poor's current criteria for rating the senior debt of the housing GSEs....
Companies mentioned in this report are: Fannie Mae,Federal Home Loan Banks,Freddie Mac
Action: Bulletin
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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