In “Wake-Up Call” Fitch Downgrades U.S., Fannie Mae, Freddie Mac
By KIMBERLEY HAAS Fannie Mae and Freddie Mac were affected this week after Fitch Ratings downgraded the country’s credit rating. On Tuesday, leaders at Fitch issued a press release saying they had downgraded the United States of America’s Long-Term Foreign-Currency Issuer Default Rating from AAA to AA+. Fitch is one of three nationally recognized statistical…