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 12
This increase was done with a shortage of personnel . And at the same time , as
Carolyn said , we were implementing the farm bill , implementing disaster
programs in more than 200 counties in Texas , and also training the legacy ASCS
...
This increase was done with a shortage of personnel . And at the same time , as
Carolyn said , we were implementing the farm bill , implementing disaster
programs in more than 200 counties in Texas , and also training the legacy ASCS
...
Page 19
It ' s a slight increase on the delinquency rate on the guaranteed loans . It ' s
today at 1 . 79 and it was just a little above 1 . 25 at that same time , year before .
Mr . STENHOLM . On what total guaranteed volume ? Mr . HALL . The total
volume is ...
It ' s a slight increase on the delinquency rate on the guaranteed loans . It ' s
today at 1 . 79 and it was just a little above 1 . 25 at that same time , year before .
Mr . STENHOLM . On what total guaranteed volume ? Mr . HALL . The total
volume is ...
Page 27
You did not state the comparison of the guaranteed loan portfolio comparison
with December 1995 . Did we also see a reduction in the numbers of
delinquencies in guaranteed loans from 1995 to 1996 ? Mr . HALL . It ' s a slight
increase ...
You did not state the comparison of the guaranteed loan portfolio comparison
with December 1995 . Did we also see a reduction in the numbers of
delinquencies in guaranteed loans from 1995 to 1996 ? Mr . HALL . It ' s a slight
increase ...
Page 30
We created , instead of downsizing and reducing the bureaucracy , we up - sized
and increased the bureaucracy . Because instead of having FCIC as a part of
FSA , we said “ No , we ' re going to have a separate entity and we ' re going to go
...
We created , instead of downsizing and reducing the bureaucracy , we up - sized
and increased the bureaucracy . Because instead of having FCIC as a part of
FSA , we said “ No , we ' re going to have a separate entity and we ' re going to go
...
Page 38
As of February 13 , 1997 , we had outstanding loans under the 90 - 10 guarantee
program of $ 10 , 291 , 559 and we have several loans that are pending which
will increase this total . This represents almost one - fifth of our total agriculture ...
As of February 13 , 1997 , we had outstanding loans under the 90 - 10 guarantee
program of $ 10 , 291 , 559 and we have several loans that are pending which
will increase this total . This represents almost one - fifth of our total agriculture ...
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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