AGM - Federal Agricultural Mortgage Corporation

NYSE - NYSE Delayed Price. Currency in USD

Federal Agricultural Mortgage Corporation

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

SectorFinancial Services
IndustryCredit Services
Full Time Employees88

Key Executives

NameTitlePayExercisedYear Born
Mr. Lowell L. JunkinsChairman, Acting Pres & CEO99.54kN/A1944
Mr. R. Dale LynchExec. VP, CFO & Treasurer745.53kN/A1967
Mr. Stephen P. MullerySr. VP, Gen. Counsel & Sec.563.97k241.06k1967
Mr. John Curtis CovingtonSr. VP of Agricultural Fin.486.21k11.35k1956
Jitin SinghalDirector of Investments & Institutional Bus. Devel.N/AN/AN/A
Amounts are as of December 31, 2016 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.

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 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 electric and telephone loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of institutions that are secured by types 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 April 1, 2018 is 10. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 10; Compensation: 6.

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.