Farmers Home Administration: Problems and Issues Facing the Emergency Loan Program

RCED-88-4 Published: Nov 30, 1987. Publicly Released: Dec 07, 1987.

Highlights

In response to a congressional request, GAO reviewed the Farmers Home Administration's (FmHA) emergency loan program to: (1) document program changes over the past several years; (2) determine why the program's delinquency rate is so high; and (3) identify the potential loss that FmHA may incur and the alternatives to deal with uncollectible debts.

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Chuck Young

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Topics

Agriculture and Food

Agricultural programsDebt collectionDelinquent loansDisaster relief aidEmergency loansFarm creditFarm income stabilization programsLoan defaultsProgram managementFarming