Company overview

Federal Agricultural Mortgage (Farmer Mac) is a stockholder-owned, government sponsored enterprise (GSE) established to improve the availability of long-term credit for America's farmers, ranchers, rural homeowners, businesses and communities. It provides a secondary market for qualified agricultural mortgage loans, rural housing mortgage loans, rural utilities loans and the guaranteed portions of agricultural and rural development loans guaranteed by the US Department of Agriculture. The company primarily operates in the US, where it is headquartered in Washington, District of Colombia and employs around 43 people.

The company recorded a revenue loss of $126.1 million in the fiscal year ended December 2008, as compared to the revenues of $31.2 million in 2007. Its net loss was $154.1 million in fiscal 2008, as compared to the net profit of $4.4 million in 2007.

Key facts

New York Stock Exchange ticker: AGM

No. employees: 43

Turnover: -126084000 (USD)

Financial year end: December

Summary

• Key facts
• Overview
• Business Description
• History
• Key Employees and Biographies
• Location and Subsidiaries
• Top Competitors
• Major Products and Services

SWOT Profiles

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