Farmer mac announces strategic acquisition and expansion of loan servicing function

Washington, aug. 18, 2021 /prnewswire/ -- the federal agricultural mortgage corporation (farmer mac; nyse: agm and agm.a), the nation's secondary market provider that increases the availability and affordability of credit for the benefit of rural america, announced today that it is enhancing its operations by expanding its internal loan servicing function. to further bolster these capabilities, the company has purchased the loan servicing rights for a portion of its farm & ranch and usda guaranteed loan portfolios through a strategic acquisition.
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