Review of farm credit issues

hearing before the Subcommittee on Conservation, Credit, and Rural Development of the Committee on Agriculture, House of Representatives, One hundred first Congress, second session, March 7, 1990.
  • 166 Pages
  • 1.88 MB
  • English
U.S. G.P.O., For sale by Supt. of Docs., Congressional Sales Office, U.S. G.P.O. , Washington
Farm Credit System (U.S.), United States. Farmers Home Administration., Agricultural credit -- United St


United St

LC ClassificationsKF27 .A3226 1990a
The Physical Object
Paginationiii, 166 p. ;
ID Numbers
Open LibraryOL1665917M
LC Control Number91600398

Get this from a library. Review of farm credit issues: hearing before the Subcommittee on Conservation, Credit, and Rural Development of the Committee on Agriculture, House of Representatives, One hundred first Congress, second session, March 7, [United States.

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On Tuesday, the House Ag Committee's Subcommittee on General Farm Commodities and Risk Management held a hearing to explore farm policy issues in advance of the next Farm Bill.

And yesterday, the full Ag Committee hosted a hearing to review the Farm Credit System. Today's update takes a closer look at some of the issues raised at these two. As provided in the Farm Credit Act, the Federal Agricultural Mortgage Corporation (Farmer Mac) was established to attract new capital for the financing of agricultural real estate and to provide liquidity to agricultural lenders.

The board of directors of Farmer Mac has 15 members, five of whom are elected from the System.

Description Review of farm credit issues FB2

Farmer Mac is regulated by the Farm Credit. Stock Investment Program. Alabama Farm Credit is a cooperative, which means that its borrowers also own its stock. To receive a loan or qualify for financially related services, you must invest in capital stock or participation certificates of the association.

A review of annual information statements issued by the Federal Farm Credit Banks Funding Corporation, which raises the funds the FCS lends, as well as the first-quarter Information Statement suggests that at least some FCS banks and associations are dragging their feet in recognizing credit problems.

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In developing the audit, inspection, and evaluation plan for the year, the OIG considers the following: Issues that may pose a risk to FCA’s mission; Interests of FCA’s board members and senior managers. Principles for the Management of Credit Risk I.

Introduction 1. While financial institutions have faced difficulties over the years for a multitude of reasons, the major cause of serious banking problems continues to be directly related to lax credit standards for borrowers and counterparties, poor portfolio risk management, or a lack.

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