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 7
... 953 delinquent direct borrowers . On the guaranteed program , there are about
2 , 588 loans delinquent . However , if the borrower can pay the delinquency or
restructure his loan so he can bring it current , his eligibility can be reinstated .
... 953 delinquent direct borrowers . On the guaranteed program , there are about
2 , 588 loans delinquent . However , if the borrower can pay the delinquency or
restructure his loan so he can bring it current , his eligibility can be reinstated .
Page 13
It shows the number of borrowers that are one payment , two payments , or three
payments delinquent . 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 ...
It shows the number of borrowers that are one payment , two payments , or three
payments delinquent . 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 ...
Page 19
The additional cost , $ 1 , 000 , $ 1 , 500 , $ 2 , 000 , sometimes more that was
required of borrowers that were already in financial difficulty , but yet had to find
that money in order to pay someone to package that loan . That packaging , I ...
The additional cost , $ 1 , 000 , $ 1 , 500 , $ 2 , 000 , sometimes more that was
required of borrowers that were already in financial difficulty , but yet had to find
that money in order to pay someone to package that loan . That packaging , I ...
Page 20
Mr . Chairman , I think this is one area that as you consider legislation , that
USDA will submit that this is one area where I would hope that you would pay
some particular attention to perhaps the need of even changing the law as it was
written ...
Mr . Chairman , I think this is one area that as you consider legislation , that
USDA will submit that this is one area where I would hope that you would pay
some particular attention to perhaps the need of even changing the law as it was
written ...
Page 24
And I think it ' s one that ' s really going to pay off for us . But our consistency and
delivery up there , to me , is about as important as anything so hopefully , we ' re
addressing that . Mr . THORNBERRY . This may be unanswerable . But how ...
And I think it ' s one that ' s really going to pay off for us . But our consistency and
delivery up there , to me , is about as important as anything so hopefully , we ' re
addressing that . Mr . THORNBERRY . This may be unanswerable . But how ...
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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 |