Federal Agricultural Mort... (AGM-PG)
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Company Description

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States.

It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit.

The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans.

The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the USDA.

The Rural Utilities segment purchases and guarantees securities that are backed by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and purchases eligible rural utilities loans and guarantees of securities backed by those loans, as well as LTSPCs for pools of eligible rural utilities loans.

The Institutional Credit segment guarantees and purchases general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farmer Mac's Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business.

Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.

Federal Agricultural Mortgage Corporation
Federal Agricultural Mortgage Corporation logo
Country United States
IPO Date May 21, 2021
Industry Financial - Credit Services
Sector Financial Services
Employees 185
CEO Bradford Todd Nordholm

Contact Details

Address:
1999 K Street, NW
Washington, DC
United States
Website https://www.farmermac.com

Stock Details

Ticker Symbol AGM-PG
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000845877
CUSIP Number 313148835
ISIN Number US3131488351
Employer ID 52-1578738
SIC Code 6111

Key Executives

Name Position
Bradford Todd Nordholm President & Chief Executive Officer
Aparna Ramesh Executive Vice President, Chief Financial Officer & Treasurer
Sean T. Datcher Senior Vice President & Chief Information Officer
Gregory N. Ramsey Vice President, Principal Accounting Officer & Chief Accounting Officer
Jalpa Nazareth Senior Director of Investor Relations & Finance Strategy
Marc J. Crady Senior Vice President & Chief Credit Officer
Michelle Nichols Senior Director of Governance, Risk & Compliance
Robert J. Maines Senior Vice President of Operations
Stephen P. Mullery Executive Vice President, General Counsel & Corporate Secretary
Zachary N. Carpenter Executive Vice President & Chief Business Officer

Latest SEC Filings

Date Type Title
Dec 06, 2024 4 Filing
Nov 26, 2024 4 Filing
Nov 26, 2024 8-K Current Report
Nov 21, 2024 4 Filing
Nov 15, 2024 4 Filing
Nov 14, 2024 4 Filing
Nov 14, 2024 4 Filing
Nov 14, 2024 4 Filing
Nov 12, 2024 4 Filing
Nov 12, 2024 4 Filing