Federal Agricultural Mortgage Corporation
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- Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM, AGM-A) provides a secondary market for a broad range of agricultural real estate loans, rural housing mortgages and rural infrastructure financing in the United States. The company operates through seven principal segments: Farm & Ranch, which purchases and guarantees loans secured by first liens on agricultural real estate and rural single-family housing, including USDA-guaranteed securities; Corporate AgFinance, which finances larger farming operations, agribusinesses and food processing supply chains through loans and AgVantage securities; Power & Utilities, which supports rural electric generation, transmission and distribution cooperatives; Broadband Infrastructure, which finances telecommunications facilities for rural cooperatives; Renewable Energy, which provides loans for renewable energy projects; Funding, which manages debt issuance; and Investments, which holds investment securities. Farmer Mac guarantees principal and interest payments on securities backed by pools of eligible loans; issues long-term standby purchase commitments; services loans; and securitizes agricultural mortgages into agricultural mortgage-backed securities (AMBS), such as the FARM series. Founded in 1987 and headquartered in Washington, DC, the stockholder-owned, federally chartered corporation primarily serves lenders, cooperatives and institutional investors across the U.S., with total outstanding business volume reaching approximately $38 billion as of late 2024. Recent developments include the completion of a $313.5 million AMBS securitization (FARM series) in December 2025 comprising 343 agricultural mortgage loans, featuring a $290 million Farmer Mac-guaranteed senior tranche, marking its seventh such transaction and demonstrating strong institutional investor demand; a prior $318.8 million AMBS securitization in November 2024 with 446 loans; the announcement of a new agricultural asset product for launch in 2026 to address rising demand; pricing of $100 million Series H preferred stock; declaration of dividends on Series H preferred stock; leadership changes with CEO Bradford T. Nordholm's retirement, President and COO Zachary N. Carpenter assuming CEO role, and Geraldine Hayhurst appointed as Chief Legal Officer; and robust third-quarter 2025 financial results reflecting growth in net interest income and business volume amid macroeconomic volatility.
Farmer Mac Declares Dividend on Series I Preferred Stock
Federal Agricultural Mortgage: The 7% Yielding Preferred Stock Is A 'Strong Buy'
Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
Farmer Mac Prices $100 Million of Series I Preferred Stock
Farmer Mac Reports First Quarter 2026 Results
Farmer Mac to Host Investor Day on March 18, 2026
Federal Agricultural Mortgage: Staying The Course And Adding To My (Preferred) Position
Federal Agricultural Mortgage: Loan Losses Cause Concern, But Growth Should Overshadow Fear
Farmer Mac to Announce Fourth Quarter and Full Year 2025 Financial Results
Nice Entry Point For Farmer Mac's Preferred Securities.
Farmer Mac Names Matthew M. Pullins as EVP - Chief Financial Officer and Treasurer
Farmer Mac Closes $313.5 Million Securitization of Agricultural Mortgage-Backed Securities (AMBS)
Federal Agricultural Mortgage: I'm Sticking To A 'Strong Buy' Rating
Farmer Mac Reports Third Quarter 2025 Results
Federal Agricultural Mortgage: Share Price Drop Creates Opportunities
Farmer Mac Announces Retirement of Chief Executive Officer Bradford T. Nordholm and Appoints Zachary N.
Farmer Mac Declares Dividend on Series H Preferred Stock
Federal Agricultural Mortgage: Still Reasonably Valued After Rally
AGM.PR.H: A 6.50% Preferred IPO From Federal Agricultural Mortgage
Farmer Mac Prices $100 Million of Series H Preferred Stock