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Key Stock Data
The current last sale of $57.38 is 1.68% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 57.4648||$ 99.11|
|Low:||$ 55.639||$ 56.43|
Company Description (as filed with the SEC)
The Federal Agricultural Mortgage Corporation ("Farmer Mac") is a stockholder-owned, federally chartered corporation that combines private capital and public sponsorship to serve a public purpose. Congress has charged Farmer Mac with the mission of providing a secondary market for a variety of loans made to borrowers in rural America. A secondary market is an economic arrangement in which the owners of financial assets, such as the originators of loans, may sell all or part of those assets or pay a fee to otherwise offset some or all of the inherent risks of holding the assets. ... More ...