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Federal Agricultural Mortgage Corporation: Secondary Market Development and Risk Implications

RCED-90-118 Published: May 04, 1990. Publicly Released: May 04, 1990.
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Highlights

Pursuant to a congressional request, GAO provided information on the development and implementation of the Federal Agricultural Mortgage Corporation (FAMC), a new secondary market for agricultural real estate and rural housing loans.

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Topics

Agriculture and Food
Farm creditFarm credit banksFarm income stabilization programsGovernment guaranteed loansLending institutionsMortgage loansMortgage-backed securitiesProgram managementRural housing programsSecondary markets