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 total of direct loans includes $ 176 million in disaster loans . That ' s the
highest level of disaster loan activity that we ' ve had since 1986 . At the same
time , the number of delinquent direct borrowers was reduced by 25 percent , and
the ...
The total of direct loans includes $ 176 million in disaster loans . That ' s the
highest level of disaster loan activity that we ' ve had since 1986 . At the same
time , the number of delinquent direct borrowers was reduced by 25 percent , and
the ...
Page 6
Subcommittee on Forestry, Resource Conservation, and Research, U. S.
Congress, House Committee on Agriculture, Subcommittee on Forestry,
Resource Conservation and Research Staff, United States. 24 percent or $ 734
million . So , in ...
Subcommittee on Forestry, Resource Conservation, and Research, U. S.
Congress, House Committee on Agriculture, Subcommittee on Forestry,
Resource Conservation and Research Staff, United States. 24 percent or $ 734
million . So , in ...
Page 11
63 percent of dollar owed delinquent . Of these 2 , 791 borrowers had 4 , 779
loans . We have a chart on in our testimony that will show that , I think , of the $ 2
billion nationally , Texas has $ 500 million in the Guaranteed Loan Program .
63 percent of dollar owed delinquent . Of these 2 , 791 borrowers had 4 , 779
loans . We have a chart on in our testimony that will show that , I think , of the $ 2
billion nationally , Texas has $ 500 million in the Guaranteed Loan Program .
Page 13
ducer eligible , there was the Emergency Loan Program which I think that we
funded $ 17 million through . 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 ...
ducer eligible , there was the Emergency Loan Program which I think that we
funded $ 17 million through . 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 ...
Page 14
As I said , our goal this year is to reduce it by $ 100 million . I might add that I think
already , we ' ve already reduced it by $ 40 million . Our fourth and possibly most
important goal is to provide more courteous , more professional , and more ...
As I said , our goal this year is to reduce it by $ 100 million . I might add that I think
already , we ' ve already reduced it by $ 40 million . Our fourth and possibly most
important goal is to provide more courteous , more professional , and more ...
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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
Bibliographic information
| Title | 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. |
| Authors | United States. Congress. House. Committee on Agriculture. Subcommittee on Forestry, Resource Conservation, and Research, U. S. Congress, House Committee on Agriculture, Subcommittee on Forestry, Resource Conservation and Research Staff, United States |
| Edition | illustrated |
| Publisher | U.S. Government Printing Office, 1997 |
| ISBN | 0160543339, 9780160543333 |
| Length | 164 pages |
| Export Citation | BiBTeX EndNote RefMan |