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Federal Agricultural Mortgage Corporation (AGM-PF)

NYSE - Nasdaq Real Time Price. Currency in USD
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22.60-0.39 (-1.70%)
At close: 01:36PM EDT

Federal Agricultural Mortgage Corporation

1999 K Street, NW
4th Floor
Washington, DC 20006
United States

Sector(s)Financial Services
IndustryCredit Services
Full Time Employees153

Key Executives

NameTitlePayExercisedYear Born
Mr. Bradford Todd NordholmPres & CEO2.12MN/A1957
Ms. Aparna RameshExec. VP & CFO838.18k25.75k1975
Mr. Stephen P. MulleryExec. VP, Gen. Counsel & Corp. Sec.735.44k123.93k1967
Mr. Zachary N. CarpenterExec. VP & Chief Bus. Officer815.4kN/A1982
Mr. Marc J. CradySr. VP & Chief Credit Officer687.35kN/A1969
Mr. Robert J. MainesSr. VP of OperationsN/AN/A1969
Mr. Gregory N. RamseyVP, Controller & Principal Accounting OfficerN/AN/A1964
Ms. Jalpa NazarethDirector of Investor Relations & Fin. StrategyN/AN/AN/A
Michelle NicholsDirector of ComplianceN/AN/AN/A
Megan Murray-PelaezDirector of Marketing & CommunicationsN/AN/AN/A
Amounts are as of December 31, 2021 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 USD.


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 (United States Department of Agriculture) 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 USDA. The Rural Utilities segment purchases and guarantees securities that are backed by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and purchases eligible rural utilities loans and guarantees of securities backed by those loans, as well as LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment guarantees and purchases general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farmer Mac's 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 July 31, 2022 is 7. The pillar scores are Audit: 5; Board: 2; 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.