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Farmer Mac

   Also found in: Acronyms, Wikipedia 0.04 sec.
See Federal Agricultural Mortgage Corporation.

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A $500,000, fixed-rate 15-year farm mortgage through Farmer Mac ran about 7.
More loan options for farmers--The American Bankers Association and Federal Agricultural Mortgage Corporation have entered into an exclusive agreement to bring ABA members special pricing discounts on selected Farmer Mac products and new AgPower customized loan packaging services.
A) and the National Rural Utilities Cooperative Finance Corporation (CFC) today jointly announced the sale by CFC of $365 million of distribution cooperative mortgage loans and the purchase by Farmer Mac of mortgage-backed securities representing beneficial ownership interests in those loans.
 
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