Federal Agricultural Mortgage Corporation, also known as Farmer Mac, operates as a government-sponsored enterprise that provides a secondary market for agricultural loans. It facilitates financing for farmers, ranchers, agribusinesses, and rural infrastructure projects by offering liquidity solutions to lenders. Farmer Mac's business model includes purchasing loans and issuing securities backed by these loans, thereby supporting the agricultural sector across all 50 states. The company serves financial institutions and aims to enhance access to affordable credit for rural communities, contributing to economic growth and stability in these areas.
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- www.farmermac.com
- Issuer profile
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