Federal Agricultural Mortgage Corporation
						AGMA
					
					
						NYSE
					
				Corporate Info
						Website
								
							Phone Number
								
202 872 7700								
							Address
								
2100 Pennsylvania Avenue NW										
Suite 450 N
Washington, DC 20037
							Suite 450 N
Washington, DC 20037
Country
								United States
							Year Founded
								
1987								
							Details
						Sector
								Financials
							Industry
								Financial Services
							Employees
								191
							Business Decription
						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.