Federal Agricultural Mortgage Corporation


Also found in: Acronyms, Wikipedia.

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.

Federal Agricultural Mortgage Corporation (FAMC)

Commonly  called  Farmer  Mac (www.farmermac.com), it is one of the system entities in the Farm Credit System. Its purpose is to attract new capital for the financing of agricultural real estate and to provide liquidity to agricultural lenders.

Mentioned in ?
References in periodicals archive ?
Federal Agricultural Mortgage Corporation will broadcast its quarterly earnings conference call on Friday, April 20, 2001 at 11:00 AM Eastern.
After eight years with the Federal Agricultural Mortgage Corporation (Farmer Mac), Michael T.
NYSEMKT: FPI) ("Farmland Partners") and the Federal Agricultural Mortgage Corporation (NYSE: AGM and AGM.
WASHINGTON, June 4, 2014 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a quarterly dividend per share on each of Farmer Mac's three classes of common stock - Class A Voting Common Stock (NYSE: AGM.
4, 2013 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a quarterly dividend on each of Farmer Mac's three classes of common stock - Class A Voting Common Stock (NYSE: AGM.
1, 2013 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a quarterly dividend on each of the Corporation's three classes of common stock - Class A Voting Common Stock (NYSE: AGM.
WASHINGTON, June 5, 2013 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a quarterly dividend on each of the Corporation's three classes of common stock - Class A Voting Common Stock (NYSE: AGM.
6, 2012 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a quarterly dividend on each of the Corporation's three classes of common stock - Class A Voting Common Stock (NYSE: AGM.
WASHINGTON, June 7, 2011 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a quarterly dividend on each of the Corporation's three classes of common stock - Class A Voting Common Stock (NYSE: AGM.
2, 2010 /PRNewswire-FirstCall/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a quarterly dividend on each of the Corporation's three classes of common stock - Class A Voting Common Stock (NYSE: AGM.

Full browser ?