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 9
We ' ll hopefully get 300 new agriculture credit officers trained within the ranks
and give them loan approval authority . There will be county executive directors
who will be trained . There will be PAs out in the county offices who will be
trained .
We ' ll hopefully get 300 new agriculture credit officers trained within the ranks
and give them loan approval authority . There will be county executive directors
who will be trained . There will be PAs out in the county offices who will be
trained .
Page 24
We ' ll use any means we can , our contracting authority , or overtime , or what -
have - you . I think I was in this room about last April and told those folks , " We ' re
going to improve this thing a year from now . ” One gentleman said he had ...
We ' ll use any means we can , our contracting authority , or overtime , or what -
have - you . I think I was in this room about last April and told those folks , " We ' re
going to improve this thing a year from now . ” One gentleman said he had ...
Page 25
One of the perception problems that I ' ve run into — and there is some reality to
this is that there are people who think because now we ' re moving county
executive directors that have loan approval authority , that with the county
committee ...
One of the perception problems that I ' ve run into — and there is some reality to
this is that there are people who think because now we ' re moving county
executive directors that have loan approval authority , that with the county
committee ...
Page 26
We realize we ' re struggling with some things there on how do we get the
approval authority in the total working knowledge of the agriculture credit , in the
county office employees , the Federal and nonFederal ? And by the way , before I
came ...
We realize we ' re struggling with some things there on how do we get the
approval authority in the total working knowledge of the agriculture credit , in the
county office employees , the Federal and nonFederal ? And by the way , before I
came ...
Page 27
Do you feel that local county supervisors today have the authority that they need ,
or do they need additional authority in the loan making process ? Mr . BENNETT .
Are you asking me ? Mr . COMBEST . Yes , both of you . Mr . BENNETT .
Do you feel that local county supervisors today have the authority that they need ,
or do they need additional authority in the loan making process ? Mr . BENNETT .
Are you asking me ? Mr . COMBEST . Yes , both of you . Mr . BENNETT .
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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