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Federal Agricultural Mortgage Corporation (A35.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
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57.50+1.00 (+1.77%)
As of 3:33PM CET. Market open.

Federal Agricultural Mortgage Corporation

1999 K Street, NW
4th Floor
Washington, DC 20006
United States
202-872-7700
http://www.farmermac.com

Sector(s)Financial Services
IndustryCredit Services
Full Time Employees103

Key Executives

NameTitlePayExercisedYear Born
Mr. Bradford Todd NordholmPres & CEO1.88MN/A1957
Mr. Gregory N. RamseyVP, Controller & Principal Accounting Officer464.53kN/A1964
Mr. Stephen P. MulleryExec. VP, Gen. Counsel & Corp. Sec.754.48kN/A1967
Mr. Zachary N. CarpenterExec. VP & Chief Bus. Officer802.35kN/A1982
Ms. Aparna RameshExec. VP, CFO & TreasurerN/AN/A1975
Mario MoraisVP of Operations & TechnologyN/AN/AN/A
Ms. Jalpa NazarethDirector of Investor Relations & Fin. StrategyN/AN/AN/A
Megan Murray-PelaezDirector of Marketing & CommunicationsN/AN/AN/A
Kerry WillieVP of Human CapitalN/AN/AN/A
Mr. Brian M. BrinchSr. VP of Rural InfrastructureN/AN/A1977
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the United States Department of Agriculture (USDA). The Rural Utilities segment purchases and guarantees securities that are backed by eligible rural utilities loans; and issues LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.

Corporate Governance

Federal Agricultural Mortgage Corporation’s ISS Governance QualityScore as of November 2, 2019 is 10. The pillar scores are Audit: 5; Board: 4; Shareholder Rights: 10; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.