|Mr. Bradford T. Nordholm||Pres & CEO||310.77k||N/A||1956|
|Mr. Stephen P. Mullery||Exec. VP, Gen. Counsel & Corp. Sec.||643.45k||344k||1967|
|Mr. John Curtis Covington||Exec. VP & Chief Credit Officer||566.77k||400.31k||1956|
|Mr. Brian M. Brinch||Sr. VP of Rural Infrastructure||399.51k||119.93k||1977|
|Mr. Gregory N. Ramsey||VP, Controller, Principal Accounting Officer & Interim Principal Financial Officer||N/A||N/A||1964|
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, rural development, business and industry, and community facilities 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 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.
Federal Agricultural Mortgage Corporation’s ISS Governance QualityScore as of July 29, 2019 is 9. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 10; Compensation: 4.