1、ANNUAL REPORT2018Farmer Mac is the premier secondary market for U.S.agricultural credit and has been a champion for and an integral part of this nations rural economy for over 30 years.Guided by our missionto help build a strong and vital rural America by increasing the availability and affordabilit
2、y of credit for the benefit of American agriculture and rural communitieswe provide lenders access to flexible,low-cost financing and effective risk management tools to help their farm,ranch,and rural utilities customers.WHO WE AREWHICH HAS RESULTED IN MORE THAN FARMER MAC HAS HELPED FUND LOANS TO O
3、VER 83,000RURAL BORROWERS IN ALL 50 STATES,OF INVESTMENT IN RURAL AMERICA.$53BILLION12018 ANNUAL REPORTIts my privilege to write to you for the first time as the CEO of Farmer Mac.In my first five months,Ive confirmed many initial impressions and begun working to fine-tune our strategy.Ive also had
4、time to reflect on our mission,which is simple but not easy.Id like to share my answers to the most fundamental question about our missionWhat does it mean to increase the availability and affordability of credit for the benefit of American agriculture and rural communities?That is our mission,and i
5、t means many things.It means purchasing mortgage loans from our network of lenders who have close,community-based relationships with farmers across the United States.It also means providing innovative wholesale portfolio funding,credit guarantees,and other products for our network of lenders who ser
6、ve American agricultural and rural utility borrowers.Since our founding in 1988,our efforts have reached thousands of lenders and helped fund loans to over 83,000 farmers,ranchers,rural electric cooperatives,and agribusinesses in all 50 states,which has resulted in more than$53 billion of investment