Secondary Market for Agricultural Loans: Hearing Before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One-hundredth Congress, First Session, September 30, 1987, Volume 4
U.S. Government Printing Office, 1987 - Agricultural credit - 396 pages
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additional agency agricultural amendment amount asset assistance Association authority average banks believe benefit bill billion borrowers capital cash cause Chairman changes commercial banks Committee competitive concern Corporation cost create credit enhancement debt develop economy effect established existing farm credit system farm mortgages farmers Federal funds going greater guarantee higher Home housing impact income increase institutions insurance companies interest interest rates investment investors issue JEFFORDS land legislation lenders lending liquidity loans long-term loss lower major Mortgage Corporation mortgage loans operating originators participation payments percent period pool principal problems production proposed protect purchase questions rates real estate reason reduce representing reserve result risk secondary market sector securities sell sources statement structure Thank Treasury
Page 142 - Territories, or by any person controlled or supervised by and acting as an instrumentality of the Government of the United States...
Page 53 - Very well, sir. (Whereupon, at 12 o'clock noon, the committee recessed to reconvene at 2:30 pm the same day.) AFTERNOON SESSION, THURSDAT, JUNE 25, 1959 TRINITY DIVISION, CENTRAL VALLEY PROJECT STATEMENT OF HON.
Page 47 - Mr. Bereuter. Mr. BEREUTER. Thank you, Mr. Chairman. Gentlemen, thank you very much for your testimony.
Page 240 - Illiquidity of farm mortgages puts long-term commercial real estate lenders, such as banks and life insurance companies, at a disadvantage in obtaining funds for mortgage lending. In contrast, the Farm Credit System's "agency status* provides it with ready access to national capital markets.
Page 190 - I am pleased to be able to testify today on behalf of the Sierra Club's 6,000 members.
Page 30 - Subcommittee, I wish to conclude by warning against a rush toward adopting a bill that will utilize an unwarranted expansion of federal credit market intervention. It will put the Farm Credit System in serious jeopardy for the benefit of private sector lenders — all in the guise of increasing the availability of a commodity that is not in short supply and for which more favorable terms could be provided through the current market structure. In the end, the winners will be some banks and insurance...
Page 83 - I would like to thank you and the committee for this opportunity to express our views and we stand ready to assist the committee in any way we can.
Page 31 - Mr. Chairman, we appreciate the opportunity to appear before you and the courtesy that has always been extended the Representatives from our three-State area on this tremendously important project.