AGM - Federal Agricultural Mortgage Corp.

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Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, provides a secondary market for various loans made to borrowers in the United States. It operates through four main segments: Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy. The Agricultural Finance division focuses on purchasing and retaining eligible loans and securities, guaranteeing the payment of principal and interest on securities backed by pools of eligible loans, servicing these loans, and issuing Long-Term Standby Purchase Commitments (LTSPCs) for eligible loans.

In its Rural Infrastructure Finance segment, Farmer Mac is involved in purchasing rural utilities loans and renewable energy loans, as well as guaranteeing securities backed by these loans. This segment also issues LTSPCs for pools of eligible rural utilities loans, including loans for electric or telecommunications facilities provided by lenders organized as cooperatives to borrowers, and other financial institutions secured by pools of eligible loans. The company's diverse operations help support financial institutions and infrastructure projects in rural areas across the United States.

Founded in 1987, Farmer Mac has grown to become a crucial player in the agricultural and rural lending markets. Headquartered in Washington, D.C., the company continues to fulfill its mission of improving the availability and affordability of credit for the benefit of American agriculture and rural communities. Through its innovative financial solutions, Farmer Mac ensures the stability and growth of rural economies, supporting a wide range of agricultural and infrastructure projects nationwide.

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