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. |
From inside the book
Results 6-10 of 46
Page 26
The Dairy Queen manager , the housewife , and the dentist don't know it , but it's
— I think if you keep the county committee away from the loan approval authority ,
which would certainly take care of some of the conflict of interest and if I was on ...
The Dairy Queen manager , the housewife , and the dentist don't know it , but it's
— I think if you keep the county committee away from the loan approval authority ,
which would certainly take care of some of the conflict of interest and if I was on ...
Page 27
The Dairy Queen manager , the housewife , and the dentist don't know it , but it's
— I think if you keep the county committee away from the loan approval authority ,
which would certainly take care of some of the conflict of interest and if I was on ...
The Dairy Queen manager , the housewife , and the dentist don't know it , but it's
— I think if you keep the county committee away from the loan approval authority ,
which would certainly take care of some of the conflict of interest and if I was on ...
Page 42
SBA changed a lot because they started looking at themselves as underwriters ,
not as lenders because they're not experienced lenders . Neither is FHA
experienced successful interest . The only people out there are the banks and the
PCAs ...
SBA changed a lot because they started looking at themselves as underwriters ,
not as lenders because they're not experienced lenders . Neither is FHA
experienced successful interest . The only people out there are the banks and the
PCAs ...
Page 47
Countless others have had debt deferred for up to 5 years without payment of
interest , much less principal . And yet , these borrowers remain eligible for
additional loans : direct , subordinated and guaranteed . This is the program in
practice .
Countless others have had debt deferred for up to 5 years without payment of
interest , much less principal . And yet , these borrowers remain eligible for
additional loans : direct , subordinated and guaranteed . This is the program in
practice .
Page 49
... loan that is dedicating or is potentially spending Federal dollars because this is
to their own interest to do this . So , you can't just leave them out there alone and
let them go do this . You've got to have a very strong oversight . Mr. MAULDIN .
... loan that is dedicating or is potentially spending Federal dollars because this is
to their own interest to do this . So , you can't just leave them out there alone and
let them go do this . You've got to have a very strong oversight . Mr. MAULDIN .
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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 involved issues it's 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