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Blue Chip Growth

Stock Report: Federal Agricultural Mortgage Corporation Class C (AGM) Report Updated: Feb 08, 2016 | Print This Page

Get more stock ratings by Louis Navellier

Federal Agricultural Mortgage Corporation Class C (AGM)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: Thrifts & Mortgage Finance
Competitors: ACFC, MLVF, TFSL, ORIT

Stock Analysis

Rating: Monthly View

February March April May June July August September October November December January

Rating: Weekly View

This Week: B down no change
Last Week: B same no change
Two Weeks Ago: B up no change
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Federal Agricultural Mortgage Corporation Class C© quotemedia

Company Profile

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It engages in purchasing eligible loans directly from lenders; providing advances against eligible loans by purchasing obligations secured by those loans; securitizing assets and guaranteeing the payment of principal and interest on the resulting securities that represent interests in or obligations secured by pools of eligible loans; and issuing long-term standby purchase commitments (LTSPCs) for eligible loans. The company also purchases or commits to purchase eligible mortgage loans secured by first liens on agricultural real estate; purchases the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the United States Department of Agriculture; and purchases, guarantees securities, and issues LTSPCs for eligible rural utilities loans made by cooperative lenders to finance electrification and telecommunications systems in rural areas. Federal Agricultural Mortgage Corporation was founded in 1987 and is based in Washington, D.C.

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