Company facts
- Founded
- 1988
- Employees
- 160
- Headquarters
- United States
- Type
- Public
- Listed
- NYSE: AGM
About
Farmer Mac, the Federal Agricultural Mortgage Corporation, is a stockholder‑owned government‑sponsored enterprise created by Congress to expand long‑term credit for U.S. farmers, ranchers, rural homeowners, businesses, and communities. It operates a secondary market that purchases qualified agricultural mortgage loans, rural housing loans, rural utility loans, and the USDA‑guaranteed portions of agricultural and rural development loans, providing lenders with liquidity and risk mitigation. By delivering an efficient, competitive marketplace, Farmer Mac enables lenders to originate more eligible loans, supporting the growth and stability of rural economies. Its core mission—accelerating rural opportunities—offers professionals the chance to contribute to a vital sector that underpins America’s food supply and rural infrastructure.