NEW YORK (Standard & Poor's) Dec. 16, 2013--Standard & Poor's Ratings Services said today that it affirmed its 'AA+/A-1+' long- and short-term senior unsecured debt ratings on Fannie Mae and Freddie Mac. We raised the subordinated debt ratings to 'AA-' from 'A'. We also affirmed our 'D' ratings on the preferred debt of the two entities. The rating outlooks on the senior unsecured and subordinated debt remain stable.
Might be better to sell your preferred and just by us simple commons???
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