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
We look forward to working with you and the committee to implement the new
provisions of the 1996 farm bill as well as fashioning an appropriate eligibility
standard for borrowers who have received debt forgiveness in the past . I would
like to ...
We look forward to working with you and the committee to implement the new
provisions of the 1996 farm bill as well as fashioning an appropriate eligibility
standard for borrowers who have received debt forgiveness in the past . I would
like to ...
Page 9
As I mentioned earlier , FSA processed a higher volume of loans and helped
many , many farmers this past year . I know that the members of the next panel
have some concerns with our programs , as well they should . We want to hear
those ...
As I mentioned earlier , FSA processed a higher volume of loans and helped
many , many farmers this past year . I know that the members of the next panel
have some concerns with our programs , as well they should . We want to hear
those ...
Page 12
As far as just Texas and our borrowers and how the farm bill has affected those ,
we believe 696 of the borrowers receiving debt forgiveness in the past currently
have either direct or guaranteed loans . Of these 696 borrowers , we believe 129
...
As far as just Texas and our borrowers and how the farm bill has affected those ,
we believe 696 of the borrowers receiving debt forgiveness in the past currently
have either direct or guaranteed loans . Of these 696 borrowers , we believe 129
...
Page 13
I think you can tell the reductions we made from 1 , 641 that are one delinquent
payment past down to 649 in the past year , which we feel like is a good
indication . Also , the total dollar amount — and I can tell you that we ' re shooting
for in ...
I think you can tell the reductions we made from 1 , 641 that are one delinquent
payment past down to 649 in the past year , which we feel like is a good
indication . Also , the total dollar amount — and I can tell you that we ' re shooting
for in ...
Page 15
The Secretary and I had some discussions in the past that that ' s probably a
problem for many of you in the Department in that the Secretary sat on this
committee with Charlie and I for 10 years and we all think we know him very well .
And we ...
The Secretary and I had some discussions in the past that that ' s probably a
problem for many of you in the Department in that the Secretary sat on this
committee with Charlie and I for 10 years and we all think we know him very well .
And we ...
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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