U.S. Downgrade Could Affect Some Housing Bonds

Standard Poor’s this week placed thousands of publicly financed housing bonds with FHA guarantees on CreditWatch negative in response to its downgrade of the United States’ long-term credit rating to AA+ from AAA.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_407/us-downgrade-affect-housing-bonds-1026075-1.html

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