| Log In | Register Now
Troubled siblings Freddie Mac and Fannie Mae have watched their shares take a sharp tumble today after UBS downgraded both companies from "buy" to "neutral." In a note, UBS stated the somewhat-obvious motivation for the downgrade apparently, credit pressures are eroding the earnings-per-share and dividend prospects for the federally sponsored lenders. The dual downgrade has had a notable effect, with FRE trading at a loss of more than 8% and FNM down nearly 10% as we head into the afternoon.
Debbie Cook: Scientology E-mail Lawsuit Finished as Horrific Details Emerge
Diet Soda: Research Sparks Debate on Risks of Heart Disease, Stroke
Free Edition
TAKE A TOURWe value your privacy. Your email address will not be shared.
![Baby Blue Ivy Carter was Conceived in Paris: Beyonce and Jay-Z Officially Announce Birth of Girl [VIDEO of 'Glory']](http://img.ibtimes.com/www/thumb/mainpage/214587-150110-jay-z-and-his-wife-beyonce-watch-the-new-jersey-nets-play-the-phoenix-.jpg)
