Farmer mac closes $301.1 million securitization of agricultural mortgage-backed securities (ambs)

Washington , aug. 11, 2022 /prnewswire/ -- the federal agricultural mortgage corporation (farmer mac; nyse: agm and agm.a), a stockholder-owned, federally chartered corporation that provides a secondary market for a variety of loans made to borrowers in rural america with the intent of increasing the availability and affordability of credit for the benefit of rural america, announced today that it has completed a $301.1 million securitization of agricultural mortgage loans.  "we are proud to announce the closing of the second transaction in the farm series, farm 2022-1 agricultural mortgage-backed securitization (ambs)," said president & chief executive officer, brad nordholm.
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