Who is using Farmer Mac

Steven Koenig

American Bankers Association, 2002, vol. 15, issue 4

Abstract: Fifteen years after being chartered, Farmer Mac's guarantee volume is growing rapidly. The $4.4 billion in outstanding Farmer Mac guarantees reached by mid-2002 represented 5% of all institutionally held farm mortgage volume. Farmer Mac had an additional $618 million in outstanding volume under its Farmer Mac II program, which serves as a secondary market for certain USDA-guaranteed loans. The Farm Credit System has emerged as Farmer Mac's primary customer.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2002
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