Farmer Mac program
Printed From: Unofficial Allis
Category: Other Topics
Forum Name: Shops, Barns, Varmints, and Trucks
Forum Description: anything you want to talk about except politics
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=181758
Printed Date: 15 May 2024 at 9:52pm
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: Farmer Mac program
Posted By: HD6GTOM
Subject: Farmer Mac program
Date Posted: 13 Jul 2021 at 9:37pm
| I never heard of it. I guess our former governor was appointed to the board. |
Replies:
Posted By: KJCHRIS
Date Posted: 13 Jul 2021 at 10:46pm
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Which former governor? What is this program for? ------------- AC 200, CAH, AC185D bareback, AC 180D bareback, D17 III, WF. D17 Blackbar grill, NF. D15 SFW. Case 1175 CAH, Bobcat 543B, |
Posted By: Ray54
Date Posted: 14 Jul 2021 at 10:04am
Come on your on the confusser use a search engine.  May not tell everything, at least correctly in this day of filtered news. But it gives you a good idea.
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Posted By: LouSWPA
Date Posted: 14 Jul 2021 at 3:50pm
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Farmer Mac is a vital part of the agricultural credit market and provides financing solutions to a broad spectrum of the agricultural community, including agricultural lenders, agribusinesses and other institutions that can benefit from access to flexible, low-cost financing and risk management tools. Farmer Mac programs are structured to help banks meet the challenges presented by farm and ranch customers as they cope with an increasingly complex financial environment.
https://www.bing.com/search?q=farmer+mac+program+description&form=ANNNB1&refig=bb1f864bbc3641708e9b39906f9579e9&sp=2&qs=AS&pq=farmer+mac+program&sk=AS1&sc=3-18&cvid=bb1f864bbc3641708e9b39906f9579e9" rel="nofollow - farmer mac program description - Bing ------------- I am still confident of this; I will see the goodness of the Lord in the land of the living. Wait for the Lord; be strong and take heart and wait for the Lord. Ps 27 |
Posted By: steve(ill)
Date Posted: 14 Jul 2021 at 4:03pm
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Well... thats 60 seconds of my life that i will never get back !!... So WHAT exactly does it do for the BANK or the FARMER ?? HOW ? ------------- Like them all, but love the "B"s. |
Posted By: steve(ill)
Date Posted: 14 Jul 2021 at 4:06pm
DescriptionAdjustable and fixed-rate USDA guaranteed portions. Loans can be newly-originated or seasoned. Eligibility CriteriaAny USDA Farm Service Agency (FSA) Farm Ownership (FO), Operating Loan (OL), or Conservation Loan (CL); or USDA Rural Development Business & Industry (B&I), Community Facility (CF), or Water and Environmental Program (WEP) guaranteed loan is eligible for sale through Farmer Mac 2. Any lender who is qualified to make FSA/RD loans is qualified to sell to Farmer Mac 2. Any borrower who meets the lender’s as well as the FSA’s/RD’s criteria is eligible. ------------- Like them all, but love the "B"s. |
Posted By: FREEDGUY
Date Posted: 14 Jul 2021 at 6:40pm
This has FANNIE MAE written ALL over it 
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Posted By: Lars(wi)
Date Posted: 14 Jul 2021 at 8:48pm
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I was gonna say it sounds like ‘Freddy Mac’, but for the agricultural community, hence the ‘Farmer Mac’ name. I would very cautious, anytime gooberment is involved. ------------- I tried to follow the science, but it was not there. I then followed the money, and that’s where I found the science. |
Posted By: steve(ill)
Date Posted: 14 Jul 2021 at 9:30pm
" im from the GOVT and we are here to help"....  ------------- Like them all, but love the "B"s. |