UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 12, 2005
Federal Agricultural Mortgage Corporation
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(Exact name of registrant as specified in its charter)
Federally chartered
instrumentality of
the United States 0-17440 52-1578738
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
1133 Twenty-First Street, N.W., Suite 600, Washington, D.C. 20036
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (202) 872-7700
No change
(Former name or former address, if changed since last report)
Section 8 - Other Events
Item 8.01. Other Events.
On May 12, 2005, Farmer Mac issued a press release to announce that Farmer
Mac's regulator, the Farm Credit Administration ("FCA"), at an open meeting of
its Board, approved a final rule that relates to regulatory capital standards on
certain assets held by Farm Credit System (FCS) institutions other than Farmer
Mac. Among other revisions, the Board removed from the final rule a provision in
the August 6, 2004 proposed regulation that would have required FCS institutions
to risk-weight assets on their books that are guaranteed by a government
sponsored-enterprise (GSE), including Farmer Mac, based on the financial
strength rating of the GSE as determined by a nationally recognized statistical
rating organization. A copy of the press release is attached to this report as
Exhibit 99.
Section 9 - Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99. Press Release dated May 12, 2005.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FEDERAL AGRICULTURAL MORTGAGE CORPORATION
By: /s/ Jerome G. Oslick
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Name: Jerome G. Oslick
Title: Vice President - General Counsel
Dated: May 12, 2005