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Diane Publishing Books
Special Report on Farm Loan Restructuring
Elizabeth Warren (ed)
Analyzes the state of the commercial farm credit markets and the use of loan restructuring as an alternative to foreclosure by financial institutions receiving gov’t. assist. through the Troubled Asset Relief Program (TARP). In considering these issues, two key questions arose: (1) Considering the state of agriculture markets generally and farm credit conditions in particular, does a need presently exist for a program designed to restructure delinquent farm loans? (2) If a need exists, is a TARP-based restructuring model or some other model likely to be the most effective in easing any stresses in the farm credit markets? The report shows that thus far, the farm sector has fared somewhat better than the broader economy throughout the financial crisis.
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