STATEMENT OF PURPOSE.

SEC. 701. STATEMENT OF PURPOSE. It is the purpose of this subtitle— (1) to establish a corporation chartered by the Federal Government; (2) to authorize the certification of agricultural mortgage marketing facilities by the corporation; (3) to provide for a secondary marketing arrangement for agricultural real estate mortgages that meet the underwriting standards of the corporation— (A) to increase the availability of long-term credit to farmers and ranchers at stable interest rates; (B) to provide greater liquidity and lending capacity in extending credit to farmers and ranchers; and (C) to provide an arrangement for new lending to facilitate capital market investments in providing long-term agricultural funding, including funds at fixed rates of interest; and (4) to enhance the ability of individuals in small rural communities to obtain financing for moderate-priced homes.