Credit

Could Freddie See a Ratings Drop? 

Moody’s Investors Service said late Wednesday that it had placed Freddie Mac’s Bank Financial Strength Rating (BFSR) on review for a possible downgrade (subscription req’d), citing a concern that the GSE may experience higher credit losses than previously expected. Freddie currently has a BFSR of ‘A-,’ Moody’s second highest rating for the category.