Federal Agricultural Mortgage Corporation Common Stock (AGM)
197.78
-1.64 (-0.82%)
Federal Agricultural Mortgage Corp is a specialized government-sponsored enterprise that primarily focuses on enhancing the availability of credit in the agricultural sector
It plays a crucial role in providing liquidity, risk management solutions, and access to capital for lenders and borrowers within the agricultural and rural infrastructure markets. By issuing securities backed by agricultural loans, the corporation supports the growth and stability of American agriculture, ensuring that farmers and agribusinesses have the financial resources they need to thrive.
