Company Description
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States.
It operates through seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments.
The company is involved in a line of agricultural finance business, including purchasing and retaining eligible loans and securities; guaranteeing the payment of principal and interest on securities that represent interests in, or obligations secured by pools of eligible loans; servicing eligible loans; and issuing long-term standby purchase commitments for designated eligible loans.
It also engages in the purchasing and guaranteeing of securities issued by lenders and other financial institutions that are secured by pools of eligible loans, loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and loans to rural electric generation and transmission cooperatives and distribution cooperatives, as well as AgVantage securities secured by those types of loans.
Federal Agricultural Mortgage Corporation was incorporated in 1987 and is headquartered in Washington, the District of Columbia.
| Country | United States |
| Founded | 1987 |
| Employees | 191 |
| CEO | Bradford Nordholm |
Contact Details
Address: 2100 Pennsylvania Avenue NW, Suite 450 N Washington, District of Columbia 20037 United States | |
| Phone | 202 872 7700 |
| Website | farmermac.com |
Stock Details
| Ticker Symbol | AGM.PRE |
| Exchange | NYSE |
| Stock Type | Preferred Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
Key Executives
| Name | Position |
|---|---|
| Bradford Nordholm | Chief Executive Officer |
| Aparna Ramesh | Chief Financial Officer |
| Robert Maines | Chief Operating Officer |
| Jalpa Nazareth | Head of Investor Relations |