Fannie and Freddie negative outlook upgraded at Fitch

|About: Fannie Mae (FNMA)|By:, SA News Editor

The move comes following Fitch earlier today returning the outlook on the U.S. government's AAA rating to stable from negative. "The housing GSEs are among the most active issuers in the capital markets, benefiting from meaningful financial support from the U.S. government."

Both Fannie Mae (FNMA) and Freddie Mac (FMCC +0.8%) are now AAA with stable outlook.