Wisconsin bankers win OK for FmHA set aside revisions
Wisconsin bankers persuaded Washington to ease the FmHA interest set aside rules. The plan allows write-downs of principal or interest and guarantees 90 percent of remaining balance. Revisions, expected by month end, would apply to PCAs FLBAs or banks and aim to help farm borrowers while preserving lender incentives.
MENTIONED IN THIS ARTICLE
Fmha
Wisconsin
Washington
Ron Caldwell
Caldwell
Pcas
Flbas
Mike Lemperski
Madison
Wisconsin Bankers Association
Country Today
Lomperski
Minnesota bankers back farm debt restructuring plan
Minnesota bankers Association endorses a farm debt restructuring proposal to widen eligibility for federal loan help and improve credit guarantees. The plan faces opposition from U S Agriculture official Frank Naylor and hinges on a potential 3 billion dollar initial federal appropriation. The proposal aims to lower borrowing costs by setting a 2.5 percentage point cap above bank funding rates and seeks to speed FmHA loan approvals via lender handled papers.
MENTIONED IN THIS ARTICLE
Minnesota Bankers Association
Minnesota Farmers Union
Minnesota Agriculture
Jim Nichols
U.S
Frank Naylor
Rollie Lake
Communicating For Agriculture
Fergus Falls
Minn
Lake
Fmha
Minnesota
Peterson
Farm Bureau plans rally in Madison to push tax reform
Northwestern and west central Wisconsin Farm Bureau members join with colleagues for a January 3 rally at the state Capitol to urge lawmakers to reduce farmers property taxes for education. About 1,000 members planned with 250 from northwest, buses depart early morning from several towns, lunch at Heritage House, then Capitol meetings.
MENTIONED IN THIS ARTICLE
Farm Bureau
Northwestern
Wisconsin
Madison
State Capitol
The
Wisconsin Farm Bureau
Heritage House
Capitol
Also Mentioned on This Page
Caldwell Reports OK of Wisconsin Bankers’ Proposals
Eau Claire
Bankers Association
Office of Budget Management
Federal Register
Farm Credit Services of
St. Paul
Lemperski
Mr. Lemperski
Mr. Caldwell
Ron
Farm Credit Forum
John Deere
Mondovi Imp. CO. Inc
Granton
Kohel Imp., Inc
Cameron & Rice Lake
Stratford Stratford Farmers Union
Galesville Equipment, Inc
Vaiesville
Arcadia Implement Inc
Arcadia
Minneapolis, Minn
Les Peterson
Farm Credit Task Force
Farmers State Bank
Trimont
State of Minnesota
Mark McAfee
Concourse
Capitol Building
Paul Peterson
Mr. Peterson
Barron
Bloomer
Baldwin
Menomonie
Ellsworth
Mondovi
Northern
Osseo
Hixton
Black River Falls
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