Farmer Mac brings important benefits to lenders that serve borrowers throughout rural America.
Farmer Mac was established under federal legislation first enacted in 1987 and amended four times by Congress, as recently as 2008. Farmer Mac is an institution of the Farm Credit System and is regulated by the Farm Credit Administration, an independent agency in the executive branch of the United States government. Farmer Mac has always been subject to the regulations of the Securities and Exchange Commission (“SEC”), including those requiring the filing of periodic financial reports.
Farmer Mac’s Corporate Profile provides a brief outline of its corporate structure and various business lines.
The Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, is a stockholder-owned, government sponsored enterprise or “GSE” created by Congress to improve the availability of long-term credit for America’s farmers, ranchers, rural utilities, businesses and communities.
Farmer Mac provides information to our customers, investors and the general public in a variety of forms.
Farmer Mac’s earnings press releases generally are issued on dates coinciding with the filing of financial results with the SEC.
Board of Directors
Farmer Mac’s Board of Directors consists of fifteen members.
Farmer Mac’s 15-member Board of Directors oversees the Corporation to ensure that Farmer Mac is managed in a safe and sound manner and with an appropriate balance between financial performance and fulfillment of its public mission.
Farmer Mac’s executive officers develop goals and objectives that support and advance Farmer Mac’s public mission and manage the Corporation.
Farmer Mac’s four executive officers bring a history of leadership and expertise serving agricultural and financial institutions.
Farmer Mac was created by Congress in 1987.
Farmer Mac was created by Congress in 1987, with Congress revisiting its authorities four times since the initial legislation.
Farmer Mac has two offices, its headquarters in Washington, D.C. and a credit underwriting and servicing office in Johnston, IA.
Farmer Mac is an exciting, progressive, efficient and competitive secondary market company that welcomes highly qualified and motivated individuals to join the Farmer Mac team.
An equal opportunity employer, Farmer Mac works with hundreds of lenders across the country, offering them the ability to offer competitively-priced financing to rural borrowers.