Freddie Mac approves Duff & Phelps, Fitch.

NEW YORK - Duff & Phelps Credit Rating Co. said it has been approved by the Federal Home Loan Mortgage Corp. as an agency for rating private mortgage insurance companies.

This follows approval by the Federal National Mortgage Association in June.

Separately, Fitch Investors Service also said it had also been approved by Freddie Mac as a rating agency for mortgage insurers.

The approvals give the insurers broader options when selecting a rating agency.

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