AGM - Federal Agricultural Mortgage - Stock & Dividends

Federal Agricultural Mortgage Corporation (AGM) plays a vital role in the US agricultural sector by providing a secondary market for various loans made to borrowers across the country.

The company operates through four distinct segments: Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy. This diversified approach enables AGM to cater to a broad range of clients and loan types, from large-scale agricultural operations to rural utilities and renewable energy projects.

In its Agricultural Finance segment, AGM purchases and retains eligible loans and securities, guaranteeing the payment of principal and interest on securities backed by pools of eligible loans. Additionally, the company services eligible loans and issues Long-Term Standby Purchase Commitments (LTSPCs) for eligible loans, providing a vital source of liquidity for agricultural lenders.

The Rural Infrastructure Finance segment focuses on purchasing rural utilities loans and renewable energy loans, as well as guaranteeing securities backed by these loans. AGM also issues LTSPCs for pools of eligible rural utilities loans, which are secured by loans for electric or telecommunications facilities made by lenders organized as cooperatives or other financial institutions.

With a rich history dating back to 1987, Federal Agricultural Mortgage Corporation is headquartered in Washington, D.C. and has established itself as a leading player in the agricultural finance sector. For more information, visit their website at https://www.farmermac.com.