FEDERAL AGRICULTURAL MORTGAGE CORP

# Federal Agricultural Mortgage Corporation

Established in 1987 and headquartered in Washington, DC, this corporation operates as a secondary market provider for agricultural and rural infrastructure loans across the United States. The company purchases eligible loans and securities, guarantees principal and interest payments on securities backed by loan pools, services loans, and issues standby purchase commitments. Its business model centers on stabilizing credit availability in agricultural and rural markets by aggregating individual loans into tradeable securities.

The company operates across seven segments addressing distinct market verticals. The Farm & Ranch segment handles USDA-backed securities and loans to individual farming operations. The Corporate AgFinance segment serves larger agricultural enterprises and food and fiber processing businesses. The Power & Utilities segment finances rural electric generation, transmission, and distribution cooperatives. Broadband Infrastructure and Renewable Energy segments address rural connectivity and clean energy projects respectively. Supporting these operational segments are the Funding segment, which manages debt issuance and capital allocation, and the Investments segment, which maintains liquidity reserves.

With approximately 212 full-time employees, the company serves a geographically dispersed customer base concentrated in rural and agricultural regions of the United States. The corporation is listed on the NYSE and operates under federal regulatory oversight as a federally-sponsored credit agency.