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Federal Agricultural Mortgage Corporation · Washington, DC United States (NYSE: AGM)

1133 21st St., Nw,
Ste. 600		Phone: 202-872-7700
Washington, DCFax: 202-872-7713
20036Toll Free: 800-879-3276
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Federal Agricultural Mortgage Corporation Rankings

Russell 2000 (June 2011)
trybuyarrowsMore Companies in These Related Industries: Export Import Banking, Agricultural Lending

Company Description

Farmer Mac (Federal Agricultural Mortgage Corporation) is Fannie Mae and Freddie Mac's country cousin. Like its city-slicker kin, it provides liquidity in its markets (agricultural real estate and rural housing mortgages) by buying loans from lenders and then securitizing the loans into Farmer Mac Guaranteed Securities. Farmer Mac buys both conventional loans and those guaranteed by the US Department of Agriculture. About 40% of Farmer Mac's outstanding loans are secured by real estate in the southwestern US; the Northwest and the Upper Midwest account for nearly 20% apiece. More than 40% of its loans are for crops, some 25% for livestock facilities, and about another 20% for permanent plantings.

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Financials

Company TypePublic - NYSE: AGM Headquarters
Fiscal Year-EndDecember
2011 Employees62
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Executives

25 executives listed for Federal Agricultural Mortgage Corporation's Washington, DC location.

ChairmanLowell JunkinsE-mail
President, CEO, and DirectorMichael GerberE-mail
EVP Agricultural Finance and COOTom StensonE-mail

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