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Mizuho Downgrades Fannie Mae, Freddie Mac to Neutral From Buy
The bank cited reduced expectations that the government-sponsored enterprises will be privatized by 2028.

Mizuho downgraded Fannie Mae and Freddie Mac to Neutral from Buy on Oct. 12, citing reduced expectations that the government-sponsored enterprises will be privatized by 2028.
Analyst Dan Dolev identified rising mortgage rates as a factor complicating the privatization outlook. The downgrade applies to Fannie Mae (FNMA) and Freddie Mac (FMCC).
The change was noted at 8:18 a.m. ET (12:18 UTC) Monday.