About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

RCED-85-71 1 (1985-02-06)

handle is hein.gao/gaobabexu0001 and id is 1 raw text is: 





REPORT BY THE U. S.



General Accounting Office







Information On Delinquent Borrowersin

Farmers Home Administration Major

Farmer Loan Programs


Farmers Home Administration is the federal
government's lead agency for helping rural
Americans improve their farming enter-
prises.

   --As of June 30, 1984, there were
   267,252 active FmHA borrowers with
   one or more of the major farmer pro-
   gram loans. Of these borrowers,
   94,035 or about 35 percent were de-
   linquent.

   --These 94,035 borrowers were about
   $5.4 billion delinquent on scheduled
   payments (principal and interest) for
   loans representing over $14 billion in
   unpaid outstanding principal.


--Of these delinquent borrowers, 16,093
or 17 percent were delinquent on at
least one FmHA farm loan for over 4
years. These over 4 year delinquent
borrowers have a net delinquent
amount of over $2 billion in payments
for loans representing over $3 billion in
unpaid outstanding principal.


126252


C)
z


GAO/RCED-85-71
FEBRUARY 6, 1985


V*17t ,


031 -4 q

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most