NEW YORK (Standard&Poor's) Feb. 20, 2009--The U.S. Treasury announced on Feb. 18, 2009, that it is expanding its senior preferred stock purchase agreement with government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to $200 billion per company--twice the amount found in the original September 2008 agreement. This announcement will have no impact upon Standard&Poor's Ratings Services' current ratings on Fannie Mae's senior unsecured debt (AAA/Stable/A-1+), subordinated debt ('A'), or preferred stock ('C'). Nor does it impact the current ratings on Freddie Mac's senior unsecured debt (AAA/Stable/A-1+), subordinated debt ('A'), or preferred stock ('C'). The Treasury's senior preferred stock purchase agreement with the regulator of Fannie Mae and Freddie Mac--the Federal Housing Finance Agency (FHFA)--coincided with the
