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
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 6
The guaranteed program continues to be a fiscally sound program , even here in
Texas , with one of the lowest loss rates of any Federal loan guarantee program .
Program losses in fiscal year 1996 nationwide was only $ 44 . 9 million .
The guaranteed program continues to be a fiscally sound program , even here in
Texas , with one of the lowest loss rates of any Federal loan guarantee program .
Program losses in fiscal year 1996 nationwide was only $ 44 . 9 million .
Page 7
The act limits FSA direct borrowers to one instance of debt forgiveness , if that
debt forgiveness resulted in a loss to FSA . Debt forgiveness includes if you ever
have written off a loan , or write down of a loan , a debt settlement of a loan , the ...
The act limits FSA direct borrowers to one instance of debt forgiveness , if that
debt forgiveness resulted in a loss to FSA . Debt forgiveness includes if you ever
have written off a loan , or write down of a loan , a debt settlement of a loan , the ...
Page 12
We believe this would represent approximately 70 percent of the lenders that
have loan volume and loss ratio to be considered eligible to participate . As far as
just Texas and our borrowers and how the farm bill has affected those , we
believe ...
We believe this would represent approximately 70 percent of the lenders that
have loan volume and loss ratio to be considered eligible to participate . As far as
just Texas and our borrowers and how the farm bill has affected those , we
believe ...
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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