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 15
The fact that at a time a person followed the rules that were applicable to them ,
there should not be a penalty . And so , I assure you , we want to work very
closely with you on your credit proposed legislative changes to try to do that as
quickly ...
The fact that at a time a person followed the rules that were applicable to them ,
there should not be a penalty . And so , I assure you , we want to work very
closely with you on your credit proposed legislative changes to try to do that as
quickly ...
Page 16
That hasn ' t handed off in many cases and there still remains to be only one
person who can actually process that , both in direct loans as well as in
guaranteed loans . I think it ' s very important to look at those areas and those
counties , and ...
That hasn ' t handed off in many cases and there still remains to be only one
person who can actually process that , both in direct loans as well as in
guaranteed loans . I think it ' s very important to look at those areas and those
counties , and ...
Page 18
We are not suggesting that a person or a financial institution be sloppy in their
application process . But we also intend for the guarantee program to work . For it
to work and for us to be able to continue that , we have to be good stewards of the
...
We are not suggesting that a person or a financial institution be sloppy in their
application process . But we also intend for the guarantee program to work . For it
to work and for us to be able to continue that , we have to be good stewards of the
...
Page 19
Whoever said that is a very wise person . Mr . RADINTZ . We ' ve been working
with Harold Bob and his staff in Texas . Quite frankly , I think some of the
problems that you ' re hearing about are particular to the State , partly because of
the size ...
Whoever said that is a very wise person . Mr . RADINTZ . We ' ve been working
with Harold Bob and his staff in Texas . Quite frankly , I think some of the
problems that you ' re hearing about are particular to the State , partly because of
the size ...
Page 20
... available that we would certainly not hold that against the person . There have
been a few cases that we ' ve had reports of where people just — they signed the
training agreement and later refused to participate , thinking that at some point ...
... available that we would certainly not hold that against the person . There have
been a few cases that we ' ve had reports of where people just — they signed the
training agreement and later refused to participate , thinking that at some point ...
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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 |