FmHA funds aid Wisconsin farmers amid rising foreclosures
Madison Wisconsin state director Ronald Caldwell told farm leaders that 1986 will bring more foreclosures than 1985 with about 250 in the private sector and 100 to 125 by FmHA. He noted increased loan activity in 1985 and a larger 1986 allocation of 181.6 million, but warned the overall dollars loaned may fall as loan numbers drop.
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Take letters seriously warn FmHA director to delinquents
FmHA state director Ronald Caldwell urged roughly 15 farmers per county to treat upcoming delinquency notices as serious. Letters beginning Jan 23 warn at least 10 days or $100 overdue on FmHA loans and require a 30 day response to discuss options like deferral, rescheduling, or consolidation.
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