Bedrijven · 30-3-19941 min lezen
Removal of the Prohibition Against Charging Interest on Interest on FmHA Guaranteed Loans
Lokale automatische vertaling · Oorspronkelijke brontaal
Samenvatting
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.