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
The 1996 farm bill contains several reforms which allow us to do a better job of
giving people opportunities while avoiding exposure to excessive loan losses .
However , the administration and Secretary also believe that the 1996 farm bill
went ...
The 1996 farm bill contains several reforms which allow us to do a better job of
giving people opportunities while avoiding exposure to excessive loan losses .
However , the administration and Secretary also believe that the 1996 farm bill
went ...
Page 10
... involved in the agriculture credit . Because we felt like the only way that we
were going to be able to make it more efficient , more timely , and give better
service was with a highly trained work force . At this time before I get into where
we ' 10.
... involved in the agriculture credit . Because we felt like the only way that we
were going to be able to make it more efficient , more timely , and give better
service was with a highly trained work force . At this time before I get into where
we ' 10.
Page 13
We certainly felt like with our credit folks in the field , it was certainly better to work
with the producer , get the emergency loan so he could qualify for the guaranteed
loan rather than to deny the loan . That caused more time and more effort from ...
We certainly felt like with our credit folks in the field , it was certainly better to work
with the producer , get the emergency loan so he could qualify for the guaranteed
loan rather than to deny the loan . That caused more time and more effort from ...
Page 14
We remain committed with you to provide better service to all of our customers
and for our Government . Thank you very much . Mr . COMBEST . Thank you , Mr .
Bennett . [ The prepared statement of Mr . Bennett appears at the conclusion of ...
We remain committed with you to provide better service to all of our customers
and for our Government . Thank you very much . Mr . COMBEST . Thank you , Mr .
Bennett . [ The prepared statement of Mr . Bennett appears at the conclusion of ...
Page 21
But so far , I have seen no one offer a constructive suggestion of how we do
better . It has all been criticism of what we have been supposedly told to do . That
' s one area that we ' d better work out pretty soon . You know , the whole idea of ...
But so far , I have seen no one offer a constructive suggestion of how we do
better . It has all been criticism of what we have been supposedly told to do . That
' s one area that we ' d better work out pretty soon . You know , the whole idea of ...
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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