Oversight of the Availability of Agricultural Credit: Hearing Before the Subcommittee on Forestry, Resource Conservation, and Research of the Committee on Agriculture, House of Representatives, One Hundred Fifth Congress, First Session, February 21, 1997, Lubbock, TX. |
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Page 5
At the same time , the number of delinquent direct borrowers was reduced by 25
percent , and the amount of outstanding dollars delinquent was reduced by 24
percent . The delinquency rate was reduced from 23 percent of total direct loan ...
At the same time , the number of delinquent direct borrowers was reduced by 25
percent , and the amount of outstanding dollars delinquent was reduced by 24
percent . The delinquency rate was reduced from 23 percent of total direct loan ...
Page 6
They have goals that they have to meet in the next year in reducing the amount of
outstanding delinquent dollars . We believe that the firm , fair , and empathetic
approach being employed to address delinquencies will improve borrower ...
They have goals that they have to meet in the next year in reducing the amount of
outstanding delinquent dollars . We believe that the firm , fair , and empathetic
approach being employed to address delinquencies will improve borrower ...
Page 11
I ' m not going to say — well , I guess I will say that we probably weren ' t
prepared for the amount and the demand that was there , but we were hopefully ,
you know , going to get there . And I will say this , while we thought we did a poor
job at ...
I ' m not going to say — well , I guess I will say that we probably weren ' t
prepared for the amount and the demand that was there , but we were hopefully ,
you know , going to get there . And I will say this , while we thought we did a poor
job at ...
Page 12
We ' ve attached a chart showing the dollar amounts of guaranteed loans closed
since the inception of the program and the dollar amounts lost . It will reflect that
we 12 , 817 guaranteed loans for a total dollar amount of $ 1 , 433 , 262 , 965 .
We ' ve attached a chart showing the dollar amounts of guaranteed loans closed
since the inception of the program and the dollar amounts lost . It will reflect that
we 12 , 817 guaranteed loans for a total dollar amount of $ 1 , 433 , 262 , 965 .
Page 13
Also , the total dollar amount — and I can tell you that we ' re shooting for in
Texas to reduce our delinquency amounts by $ 100 million in 1997 . We certainly
had too many . Exhibit 8 - 1 will tell about the processing time , and also 9 – 1 and
10 ...
Also , the total dollar amount — and I can tell you that we ' re shooting for in
Texas to reduce our delinquency amounts by $ 100 million in 1997 . We certainly
had too many . Exhibit 8 - 1 will tell about the processing time , and also 9 – 1 and
10 ...
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Common terms and phrases
additional affected Agency Agricultural Credit agriculture allow amount application approval asked assistance authority bank bankers believe BENNETT better borrowers certainly Certified Chairman changes closed COMBEST committee complete concerns continue COOKSIE customers debt forgiveness delinquent direct loans director district dollars eligibility employees Exhibit Farm Bill farm loan farmers Federal feel FmHA give goal going Government guaranteed loan hearing hope implemented important improve increase interest issues it's Lender Program lenders lending limit loan program look loss loss claims Lubbock meet million operating owed packaging past payment percent person portfolio probably problems producers question received record reduced rules statement STENHOLM Subcommittee talking Texas Thank things understand USDA we're
Bibliographic information
| Title | Oversight of the Availability of Agricultural Credit: Hearing Before the Subcommittee on Forestry, Resource Conservation, and Research of the Committee on Agriculture, House of Representatives, One Hundred Fifth Congress, First Session, February 21, 1997, Lubbock, TX. |
| Authors | United States. Congress. House. Committee on Agriculture. Subcommittee on Forestry, Resource Conservation, and Research, U. S. Congress, House Committee on Agriculture, Subcommittee on Forestry, Resource Conservation and Research Staff, United States |
| Edition | illustrated |
| Publisher | U.S. Government Printing Office, 1997 |
| ISBN | 0160543339, 9780160543333 |
| Length | 164 pages |
| Export Citation | BiBTeX EndNote RefMan |