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 ?
The FCA is the safety and soundness regulator of the cooperative Farm Credit System and the Federal Agricultural Mortgage Corporation (Farmer Mac).
Gabriel new chief economist at FCA
Nasdaq: PLUS); Federal Agricultural Mortgage Corporation (NYSE: AGM); MarketAxess Holdings Inc.
NYSSA Presents 6th Annual Financial Services Conference
The Farm Credit System in October announced it was making a $60 million investment in the Federal Agricultural Mortgage Corporation (Farmer Mac), which provides a secondary market for agricultural real estate loans, rural home mortgages and rural utility loans.
Farm Credit System banks purchase $60 million of Farmer Mac stock
NYSE:SDS), and Federal Agricultural Mortgage Corporation (NYSE:AGM) will broadcast their investor communication conference calls over the Internet, Vcall, a Service of World Investor Link announced today.
Autoliv, Sovereign Bancorp, SunGard Data Systems, and Federal Agricultural Mortgage Conference Calls to be Broadcast On Vcall Over the Internet
The Federal Agricultural Mortgage Corporation (Farmer Mac) revealed on Wednesday that its board of directors authorised a fourth quarter dividend of USD0.
Farmer Mac announces common and preferred stock dividends for Q4 2016
After eight years with the Federal Agricultural Mortgage Corporation (Farmer Mac), Michael T.
Former General Counsel of Farmer Mac Joins Hunton &Williams
Federal Agricultural Mortgage Corporation (Farmer Mac) decalred on Wednesday that its board of directors approved a fourth quarter dividend of USD0.
Farmer Mac announces common and preferred stock dividends for quarter

Financial browser ?
Full browser ?