---
schema_version: "secwatch.filing_event.v1"
accession: "0000845877-24-000263"
form_type: "8-K"
ticker: "AGM"
cik: "0000845877"
company_name: "FEDERAL AGRICULTURAL MORTGAGE CORP"
filed_at: "2024-11-26T23:59:59+00:00"
generated_at: "2026-05-29T18:25:16.050522+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Farmer Mac closes $318.8M agricultural mortgage securitization (FARM 2024-2)

## Summary
- Fifth FARM series securitization since 2021; pool of 446 agricultural loans.
- Senior tranche of $294.9M guaranteed by Farmer Mac, in three classes (A, A1, A2).
- Unguaranteed subordinate tranche of $23.9M; total deal $318.8M.
- Joint bookrunners: BofA Securities and Oppenheimer; selling group: CastleOak and Seaport Global.
- Management cites strong investor demand and commitment to growing AMBS program.

## SEC filing metadata
- accession: 0000845877-24-000263
- form_type: 8-K
- ticker: AGM
- cik: 0000845877
- company_name: FEDERAL AGRICULTURAL MORTGAGE CORP
- filed_at: 2024-11-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845877/000084587724000263/0000845877-24-000263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845877/000084587724000263/agm-20241126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000845877-24-000263
- JSON: https://secwatch.observer/filing/0000845877-24-000263.json
- Plain text: https://secwatch.observer/filing/0000845877-24-000263.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.