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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.

Suburban homes beside a government-style housing finance office / TokenPost.ai
Suburban homes beside a government-style housing finance office / TokenPost.ai

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.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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