Geschäft · 30.3.19941 Min. Lesezeit
Removal of the Prohibition Against Charging Interest on Interest on FmHA Guaranteed Loans
Lokale automatische Übersetzung · Originalsprache der Quelle
Zusammenfassung
Farmers Home Administration (FmHA) proposes to amend its guaranteed farmer programs loan making and servicing regulations to remove the restriction against lenders charging interest on interest when restructuring loans. The intended effect is to eliminate barriers which prevent lenders from restructuring loans of delinquent guaranteed borrowers.