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 1
... portfolios , including figures regarding current outstanding principal and
interest , delinquency rates , loan losses , et ( 1 ) cetera . Also , the number of
borrowers who will.
... portfolios , including figures regarding current outstanding principal and
interest , delinquency rates , loan losses , et ( 1 ) cetera . Also , the number of
borrowers who will.
Page 5
On the status of the portfolio , on the delinquency - let ' s look at the direct loan
portfolio first . At the end of the year , 1996 , there was a $ 12 , 424 billion of
principal and interest outstanding to a little over 116 , 000 borrowers . Of the
outstanding ...
On the status of the portfolio , on the delinquency - let ' s look at the direct loan
portfolio first . At the end of the year , 1996 , there was a $ 12 , 424 billion of
principal and interest outstanding to a little over 116 , 000 borrowers . Of the
outstanding ...
Page 7
There are quite a few of them , so we ' re only going to talk about those that are
going to have the greatest impact on the applicants and borrowers , and probably
are of the greatest interest of the subcommittee . The first one is loans to ...
There are quite a few of them , so we ' re only going to talk about those that are
going to have the greatest impact on the applicants and borrowers , and probably
are of the greatest interest of the subcommittee . The first one is loans to ...
Page 8
But we ' re working on that because we think that ' s very important that the lender
and the borrower know how many years of eligibility he has left . There are many
more program changes as a result of the farm bill , but in the interest of time , I ...
But we ' re working on that because we think that ' s very important that the lender
and the borrower know how many years of eligibility he has left . There are many
more program changes as a result of the farm bill , but in the interest of time , I ...
Page 11
... of agriculture lending program and agriculture credit in Texas . I would point
your attention to exhibit 1 , page 1 , where we have 8 , 144 direct borrowers .
These folks owe $ 851 , 237 , 556 in principal , $ 252 , 806 , 402 in interest for a
total of ...
... of agriculture lending program and agriculture credit in Texas . I would point
your attention to exhibit 1 , page 1 , where we have 8 , 144 direct borrowers .
These folks owe $ 851 , 237 , 556 in principal , $ 252 , 806 , 402 in interest for a
total 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