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 delinquency rate was reduced from 23 percent of total direct loan borrowers
to 18 percent . This was accomplished simultaneously with the largest
reorganization USDA has ever seen . So , you can see that we did have some
improved ...
The delinquency rate was reduced from 23 percent of total direct loan borrowers
to 18 percent . This was accomplished simultaneously with the largest
reorganization USDA has ever seen . So , you can see that we did have some
improved ...
Page 6
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. 24
percent ...
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. 24
percent ...
Page 7
This means , for example , that FSA may not be able to compromise , adjust , or
settle these borrowers ' debts if , at some point in the future they can not replay
100 percent of their FSA debt . The next one is loans to applicants who receive
debt ...
This means , for example , that FSA may not be able to compromise , adjust , or
settle these borrowers ' debts if , at some point in the future they can not replay
100 percent of their FSA debt . The next one is loans to applicants who receive
debt ...
Page 11
Of the 8 , 144 direct borrowers , 40 percent are delinquent . At least 3 , 258 owe $
711 , 512 , 862 . These 8 , 144 borrowers have 23 , 793 loans . I think by looking
at these numbers , you can see the sheer size of the loan program in Texas .
Of the 8 , 144 direct borrowers , 40 percent are delinquent . At least 3 , 258 owe $
711 , 512 , 862 . These 8 , 144 borrowers have 23 , 793 loans . I think by looking
at these numbers , you can see the sheer size of the loan program in Texas .
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
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 |