Definition of Federal Agricultural Mortgage Corporation

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TeachMeFinance.com - explain Federal Agricultural Mortgage Corporation



Federal Agricultural Mortgage Corporation

The term 'Federal Agricultural Mortgage Corporation ' as it applies to the area of agriculture can be defined as ' An organization more commonly referred to as Farmer Mac, which is a secondary (resale) market for agricultural mortgages. Farmer Mac was authorized by the Agricultural Credit Act of 1987'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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