| 单词 |
farmer mac |
| 释义 |
Farmer Mac
Federal Agricultural Mortgage Corporation (Farmer Mac)A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans.Farmer MacInformal for Federal Agricultural Mortgage Corporation. A publicly-traded company chartered by the U.S. Congress to provide a secondary market for mortgages granted for agricultural real estate and rural housing. In order to do this, it buys mortgages and repackages them, selling them as mortgage-backed securities. Farmer Mac was established to make real estate easier to purchase for farmers, ranchers, and rural citizens. It was established in 1988. See also: Farm Credit System, Fannie Mae, Freddie Mac.Farmer MacA nickname for the Federal Agricultural Mortgage Corporation (FAMC). FARMER MAC
| Acronym | Definition |
|---|
| FARMER MAC➣Federal Agricultural Mortgage Corporation |
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