AGM 📈 Federal Agricultural - Overview

Federal Agricultural Mortgage Corporation, listed on the NYSE under the ticker AGM, plays a crucial role in providing a secondary market for a diverse range of loans extended to borrowers across the United States. The company's operations are segmented into four key areas: Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy, each catering to distinct aspects of agricultural and rural financing. The Agricultural Finance segment is involved in the purchase and retention of 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. This comprehensive approach enables the company to provide a robust secondary market, thereby facilitating the flow of credit to the agricultural sector.

The Rural Infrastructure Finance segment of Federal Agricultural Mortgage Corporation focuses on the purchase of loans for rural utilities and renewable energy projects, as well as the guarantee of securities backed by these loans. Additionally, it issues LTSPCs for pools of eligible rural utilities loans, which are often used to finance electric or telecommunications facilities by cooperative lenders to borrowers. This segment also interacts with other financial institutions, further expanding its reach and impact on rural infrastructure development. By supporting these initiatives, the company contributes to the improvement of rural utilities and the advancement of renewable energy, which are critical for the economic and environmental sustainability of rural areas.

Federal Agricultural Mortgage Corporation, incorporated in 1987 and headquartered in Washington, D.C., operates with a clear mission to serve the agricultural and rural financing needs. With its web presence at https://www.farmermac.com, the company provides easy access to information and services for its stakeholders. Listed with the ISIN US3131483063 as a common stock, and categorized under the GICS Sub Industry of Commercial & Residential Mortgage Finance, Federal Agricultural Mortgage Corporation is well-positioned to continue its role in supporting the financial needs of the agricultural and rural sectors in the United States.