IFS Advises Federal Agricultural Mortgage Corporation (Farmer Mac)

Submitted by IFS on Tue, 01/06/2009 - 00:09
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IFS is currently advising the Federal Agricultural Mortgage Corporation (“Farmer Mac”) on its “Liquidity Portfolio.”  Farmer Mac is comparable to other federally-chartered corporations that facilitate mortgage financing, such as Fannie Mae and Freddie Mac (residential mortgages) and Sallie Mae (student loans); Farmer is active in agricultural loans and mortgage securitization.

Farmer’s Liquidity Portfolio is internally managed and invested in securities intended to generate returns in excess of the company’s cost of capital (i.e., what it pays to borrow in the financial markets).