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Farmer Mac

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Federal Agricultural Mortgage Corporation (Farmer Mac)
A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans.
Farmer Mac
Informal for Federal Agricultural Mortgage Corporation. A publicly-traded company chartered by the U.S. Congress to provide a secondary market for mortgages granted for agricultural real estate and rural housing. In order to do this, it buys mortgages and repackages them, selling them as mortgage-backed securities. Farmer Mac was established to make real estate easier to purchase for farmers, ranchers, and rural citizens. It was established in 1988. See also: Farm Credit System, Fannie Mae, Freddie Mac.
Farmer Mac

A nickname for the Federal Agricultural Mortgage Corporation (FAMC).
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Rabobank's purchase of this portfolio from Farmer Mac is a clear demonstration of our continued commitment to invest in American agriculture and expand our business," said John Ryan, Pres/CEO for Rabo AgriFinance.
Rabobank purchases a $354 million portfolio of agricultural loans ... by Agri Marketing
GAO's testimony presents a brief overview of Farmer Mac and discusses issues raised in its 2003 report, including Farmer Mac's risk management practices and line of credit with Treasury, mission related activities, board structure, and oversight, which is provided by the Farm Credit Administration (FCA).
Farmer Mac: Greater Attention to Risk Management, Mission, Public ... by General Accounting Office Reports & Testimony
In time, he had a horse called Farmer Mac, who won the 1987 Precisionist Stakes at Canterbury.
Breeders' Cup Countdown: Itching to take on the big boys in the big ... by The Racing Post (London, England)
 
 
 
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