Farmer Mac's Class C non-voting common stock is now part of the Russell 3000 Index. Michael Gerber, Farmer Mac president and chief executive, said the company expects that being included in the index will increase its exposure to the investment community and to potential investors. Russell Investments reconstituted its indices on June 25. Membership in the Russell 3000 also means Farmer Mac's stock is included in the small-cap Russell 2000 index (Russell 3000 members with larger capitalization are included in the Russell 1000).
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Non-qualified mortgages account for 23.1% of the series 2026-7 pool, by balance, and 43.4% of the loans in the pool were made to investors for business purposes and are exempt from the Ability-to-Repay rules.
September 23 -
Besides promoting Sridhar Sharma to CEO from president, the company named Andrew Bon Salle, ex-Fannie exec, as its new chairman, both replacing Chris Marshall.
September 23 -
Several proposed updates, including lower risk-weight floors for certain securitizations and corporate loans, could make it more attractive for banks to finance or hold certain private credit-related assets, experts say.
September 23 -
Federal Reserve Gov. Michael Barr appears to be among the majority of monetary policymakers who foresee at least one more rate hike before the end of the year.
September 23 -
Several lawsuits filed this year have painted the shared appreciation agreements as misleading, and suggest they should be treated as mortgage loans.
September 23 -
Attom expanded its artificial intelligence platform, eLend partnered with Ready4Remodel to increase renovation financing and Keller Williams teamed up with Rejig.ai.
September 23









