Farmer Mac definition

Farmer Mac means the Federal Agricultural Mortgage Corporation, a corporation organized and existing under the laws of the United States of America and a federally-chartered instrumentality of the United States of America and an institution of the Farm Credit System.
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Farmer Mac. Fxxxxxx Agricultural Mortgage Corporation, a federally chartered instrumentality of the United States, or its successor in interest or any successor appointed as herein provided.
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Farmer Mac means the Federal Agricultural Mortgage Corporation. “ FHA ” means the United States Federal Housing Administration.
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Examples of Farmer Mac in a sentence

  • An equity exposure to a PSE, Federal Home Loan Bank or the Fed- eral Agricultural Mortgage Corpora- tion (Farmer Mac) must be assigned a 20 percent risk weight.

  • The Notes will be unsecured unsubordinated general obligations of the Federal Agricultural Mortgage Corporation ("Farmer Mac") and have the terms and conditions set forth in this Pricing Supplement and the Offering Circular dated May 13, 2020 (the "Offering Circular").

  • An equity exposure to a Federal Home Loan Bank or Farmer Mac is assigned a 20 percent risk weight.

  • The holders of shares of the Preferred Stock shall not have any right to convert such shares into or exchange such shares for any other class or series of stock or obligations of Farmer Mac.

  • No holder of the Preferred Stock shall, as such holder, be entitled as a matter of right to subscribe for or purchase, or have any preemptive right with respect to, any new or additional issue of other shares, rights, options, or other securities of any class of Farmer Mac whatsoever, whether now or hereafter authorized and whether issued for cash or other consideration or by way of dividend.

  • The Board of Directors shall have the right at any time in the future to authorize, create, and issue, by resolution or resolutions, additional Preferred Stock or one or more additional classes or series of stock of Farmer Mac, and to determine and fix the distinguishing characteristics and the relative rights, preferences, privileges and other terms of the shares thereof.

  • Such notice, demand, or other communication to or upon Farmer Mac shall be deemed to have been sufficiently given or made only upon actual receipt of a writing by Farmer Mac.

  • This section establishes capital planning requirements for Farmer Mac.

  • Farmer Mac has assets and annual income in excess of the amounts that would qualify it as a small entity.Therefore, Farmer Mac is not a ‘‘small entity’’ as defined in the Regulatory Flexibility Act.

  • All investments that Farmer Mac holds in its liquidity reserve and as supplemental liquidity in accordance with this section must be unencumbered.


More Definitions of Farmer Mac

Farmer Mac. The Federal Agricultural Mortgage Corporation, a xxxxxxlly chartered institution of the Farm Credit System and instrumentality of the United States, or any successor corporation or entity or Farmer Mac's designee. The term Farmer Mac, when used to refer xx xxe entity owning the Qualxxxxx Loans, shall also include any entity designated by Farmer Mac to be the holder of the Qualified Loans.
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Related to Farmer Mac

  • Farmer means a natural or legal person, or a group of natural or legal persons, whatever legal status is granted to the group and its members by national law, whose holding is situated within Community territory, as referred to in Article 299 of the Treaty, and who exercises an agricultural activity.

  • Countrywide Countrywide Home Loans, Inc., a New York corporation and its successors and assigns.

  • Fannie Mae The Federal National Mortgage Association, or any successor xxxxxto.

  • SPS means ADB's Safeguard Policy Statement (2009);

  • CPS means Consumer Portfolio Services, Inc., a California corporation and its successors.

  • PIM means the Project Implementation Manual, to be adopted pursuant to Section 5.01 (b) of this Agreement and referred to in paragraph A.3 of Schedule 4 to this Agreement, which shall include detail sections on: (i) Financial Procedures, (ii) Procurement Procedures, and (iii) Monitoring and Evaluation Procedures establishing criteria, policies, requirements and procedures for the implementation of the Project, as such plan may be amended from time to time with the prior agreement of the Association;

  • PHH means PHH Corporation, a Maryland corporation.

  • Growler means any fillable, sealable container complying with federal law.

  • GMAC GMAC Mortgage Corporation and its successors and assigns, in its capacity as Servicer of the GMAC Mortgage Loans.

  • Prudential means The Prudential Insurance Company of America.

  • BCI means the Bureau of Criminal Identification, and is the designated state agency of the Division of Criminal Investigation and Technical Services Division, within the Department of Public Safety, responsible to maintain criminal records in the State of Utah.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • MLCC Xxxxxxx Xxxxx Credit Corporation, or its successor in interest.

  • Investment Consultant means PMA Asset Management, LLC, or such other Person who shall be acceptable to the Governing Board.

  • MBS means mortgage-backed securities.

  • the Seller means the person so described in the Order;

  • ERO means the Electric Reliability Organization certified by FERC pursuant to Section 215 of the Federal Power Act or any successor organization.

  • EMC EMC Mortgage Corporation, or its successor in interest.

  • Rural means those areas designated by USDA as being eligible Rural areas. A list of USDA Rural areas can be accessed on the USDA website at [http://eligibility.sc.egov.usda.gov/]

  • Countrywide Servicing Countrywide Home Loans Servicing LP, a Texas limited partnership and its successors and assigns.

  • Investment officer means the State Treasurer in the capacity as investment officer for the

  • Takeout Investor means any institution which has made a Takeout Commitment and has been approved by Buyer, in its sole and absolute discretion.

  • Campus police officer means a school security officer designated by the board of education of any school district pursuant to K.S.A. 72-6146, and amendments thereto.

  • Procurement Officer means the Buyer's contracting personnel, as identified in the Introductory Materials.

  • GM means genetically modified.

  • PMI means the default insurance provided by private mortgage insurance companies.