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 2
Today's hearing will provide an opportunity to consider the Federal Government's
role in lending. Some believe there is a role for the Federal Government as a
lender of last resort, or as a resource for beginning farmers and ranchers, but this
is ...
Today's hearing will provide an opportunity to consider the Federal Government's
role in lending. Some believe there is a role for the Federal Government as a
lender of last resort, or as a resource for beginning farmers and ranchers, but this
is ...
Page 2
Today ' s hearing will provide an opportunity to consider the Federal Government
' s role in lending . Some believe there is a role for the Federal Government as a
lender of last resort , or as a resource for beginning farmers and ranchers , but ...
Today ' s hearing will provide an opportunity to consider the Federal Government
' s role in lending . Some believe there is a role for the Federal Government as a
lender of last resort , or as a resource for beginning farmers and ranchers , but ...
Page 3
I look forward to having their insights about factors such as market prices , and
their impact on lending practices . Mr . STENHOLM . I would just also thank our
colleague , Mr . Thornberry , for issuing temporary green cards to you and I to
come ...
I look forward to having their insights about factors such as market prices , and
their impact on lending practices . Mr . STENHOLM . I would just also thank our
colleague , Mr . Thornberry , for issuing temporary green cards to you and I to
come ...
Page 5
... committed to operating the loan programs in the most effective and efficient
way possible . As you know , this is a difficult task because we have to strike a
balance between helping farms who have been turned down by private lenders
and ...
... committed to operating the loan programs in the most effective and efficient
way possible . As you know , this is a difficult task because we have to strike a
balance between helping farms who have been turned down by private lenders
and ...
Page 6
As of September 1996 , there were 878 FSA CLP lenders across the country . Of
the 2 , 543 lenders who made at least one loan guarantee , in 1996 , only 27
percent were CLP lenders . But those CLP lenders accounted for 41 . 5 percent of
...
As of September 1996 , there were 878 FSA CLP lenders across the country . Of
the 2 , 543 lenders who made at least one loan guarantee , in 1996 , only 27
percent were CLP lenders . But those CLP lenders accounted for 41 . 5 percent of
...
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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