Farmer Mac
E618366
Farmer Mac is a U.S. government-sponsored enterprise that provides a secondary market for agricultural real estate and rural housing mortgages to support the farm credit system.
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
financial services company
ⓘ
government-sponsored enterprise ⓘ public company ⓘ |
| abbreviation | FAMC NERFINISHED ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| foundedBy | United States Congress ⓘ |
| hasFullName | Federal Agricultural Mortgage Corporation NERFINISHED ⓘ |
| hasGuaranteeType | timely payment guarantees on eligible securities ⓘ |
| hasLegalBasis | Agricultural Credit Act of 1987 NERFINISHED ⓘ |
| hasMarket |
United States agricultural real estate mortgage market
NERFINISHED
ⓘ
United States rural housing mortgage market ⓘ |
| hasRole |
credit risk manager for agricultural mortgage-backed securities
ⓘ
liquidity provider for agricultural mortgage lenders ⓘ |
| hasSupportType |
capital relief for participating lenders
ⓘ
interest rate risk management for agricultural lenders ⓘ liquidity support to agricultural lenders ⓘ |
| hasTargetArea | rural areas of the United States ⓘ |
| headquartersLocation | Washington, D.C. ⓘ |
| inception | 1988 ⓘ |
| industry |
agricultural finance
ⓘ
rural housing finance ⓘ secondary mortgage market ⓘ |
| isGSE | true ⓘ |
| isListedOn | New York Stock Exchange NERFINISHED ⓘ |
| isPartOf | U.S. farm credit system framework ⓘ |
| legalForm | corporation ⓘ |
| loanTypeServed |
agricultural real estate loans
ⓘ
rural housing mortgage loans ⓘ rural utilities loans ⓘ |
| operatesAs |
secondary market for agricultural mortgage loans
ⓘ
secondary market for rural housing mortgage loans ⓘ |
| productOrService |
guarantees of securities backed by agricultural mortgages
ⓘ
loan purchase ⓘ loan securitization ⓘ |
| purpose |
to increase the availability of long-term credit to farmers and ranchers
ⓘ
to provide a secondary market for agricultural real estate mortgages ⓘ to provide a secondary market for rural housing mortgages ⓘ to support the farm credit system ⓘ |
| regulator | Farm Credit Administration NERFINISHED ⓘ |
| sector | farm credit system ⓘ |
| serves |
agricultural lenders
ⓘ
farmers ⓘ ranchers ⓘ rural homeowners ⓘ |
| tickerSymbol | AGM ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.