Federal Agricultural Mortgage Corporation: Secondary Market Development and Risk Implications

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.

Full Report

Full Report (107 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Agriculture and Food

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