Emergency Agricultural Credit Act of 1983: hearing before the Subcommittee on Conservation, Credit, and Rural Development of the Committee on Agriculture, House of Representatives, Ninety-eighth Congress, first session, on H.R. 1190, February 14, 1983

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Стр. 30 - Secretary under this title, or under the provisions of any other law administered by the Farmers Home Administration, and may forego foreclosure of any such loan, for such period as the Secretary deems necessary upon a showing by the borrower that due to circumstances beyond the borrower's control, the borrower is temporarily unable to continue making payments of such principal and interest when due without unduly impairing the standard of living of the borrower. The...
Стр. 167 - Vulnerable loans. High risk loans still considered collectible but involving probability of loss in the event repayment from available sources does not materialize.
Стр. 232 - Administration makes loans to help low-income farmers and ranchers improve their farming and earn a better living. These loans are made on easier terms than ordinary farm loans and are intended to give the limited-resource farmer a chance to become more successful in farming. Limited-resource farmers are owners or tenants of small farms yielding low production and low income due to factors such as lack of land, equipment, or opportunity to get necessary financing, or limited education in farming...
Стр. 134 - I thank you for your attention and I would be pleased to answer any questions you may have.
Стр. 159 - ... of its business with its members as patrons. Excepted from this requirement is business done with the US Government and the services or supplies furnished by the cooperative as a public utility. The banks provide cooperatives with a complete credit service designed to fill their specialized needs. The Central Bank for Cooperatives participates with the district banks in loans that exceed their individual lending capacities. Farm Credit System Operations The Farm Credit System is completely self-sustaining....
Стр. 87 - ... the nature and quality of the loan; (iii) controls on insurance, margin requirements, warehousing, and the prompt exercise of legal options to preserve the lender's colateral position and guard against loss. The policy shall provide a means of forbearance for cases when the borrower is cooperative, making an honest effort to meet the conditions of the loan contract and is capable of working out of the debt burden. (3) Legal entity loans. In addition to the foregoing servicing objectives for term...
Стр. 2 - USC 695) is amended by adding at the 5 end thereof the following new subsection: 6 "(d) CAPITAL-TO-JOBS RATIO.
Стр. 167 - Loans of the highest quality ranging down to and including those having significant credit weaknesses. Problem Loans Loans having serious credit weaknesses requiring more than normal supervision, but believed to be collectible in full. Vulnerable...
Стр. 118 - ... National Park Service. No action by the Congress could more nearly fit the Gifford Pinchot definition of conservation than the creation of a true wilderness area surrounding Rainbow Bridge and Lake Powell — two jewels set in a ring of raw, natural beauty. Thank you. Mr. TAYLOR. The subcommittee will now recess until 2 pm (Whereupon, at 1 pm, the subcommittee was recessed, to reconvene at 2 pm, this day.) AFTERNOON SESSION Mr. TAYLOR. The subcommittee will come to order and we will proceed....
Стр. 253 - ... displacement from their land, the rate of decline of black-operated farms over the last decade was alarming — 57 percent — a rate of loss 2 1/2 times that for white-operated farms. Only 57,271 black-operated farms remained in 1978 compared to approximately 926,000 black-operated farms in 1920. Thus, almost 94 percent of the farms operated by blacks have been lost since 1920, and at the current rate of loss there will be fewer than 10,000 black farmers in the United States at the end of the...

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