A35:FRA
Federal Agricultural Mortgage Corp Class C
€156.00
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+4.70%(+7.00) 1D
Jun 5, 10:00:00 PM GMT+2 · EUR
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insights_autoGenerating top insights for A35...
Open
€156.00
High
€156.00
Low
€156.00
Mkt. cap
1.90B
Avg. vol.
0.00
Volume
0.00
52-wk high
€178.20
52-wk low
€118.40
No. of employees
212
Open
€156.00
High
€156.00
Low
€156.00
Mkt. cap
1.90B
Avg. vol.
0.00
Volume
0.00
52-wk high
€178.20
52-wk low
€118.40
No. of employees
212
News stories
From sources across the web
PR Newswire
·
2 days ago
Farmer Mac Declares Dividend on Series I Preferred Stock
Profile
The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.
Farmer Mac operates by purchasing eligible loans from agricultural and rural infrastructure lenders, guaranteeing securities backed by those loans, and providing loan funding and risk management solutions to rural financing institutions. This structure allows lenders to replenish capital and continue issuing loans, thereby contributing to liquidity in the agricultural and rural infrastructure sectors. Over time, its statutory authority has expanded to include loans for rural utilities, renewable energy, and other infrastructure projects.
Regulated by the Farm Credit Administration, Farmer Mac is one of the government-sponsored enterprises tasked with supporting targeted credit markets. Wikipedia
About Federal Agricultural Mortgage Corp Class C
CEOBradford T. Nordholm
Employees212
Founded1988
HeadquartersWashington, Washington, United States
SectorFinancial services
Websitefarmermac.com
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