As we approach the fall and harvest season, ABA’s Steve Apodaca is reminded of the resiliency and productiveness of U.S. farmers and ranchers.
Browsing: Rural banking
ABA and other agricultural trade associations wrote to the House and Senate Appropriations subcommittees on agriculture today asking lawmakers to include additional funding for the Farm Service Agency’s farm loan programs in the FY 2017 budget bill.
The U.S. Department of Agriculture’s Rural Housing Service will cut fees for lenders who use its Single-Family Housing Loan Guarantee Program, according to news reports.
The state bankers associations wrote to federal regulators and the Appraisal Qualifications Board today urging action to address a critical shortage of qualified appraisers in rural areas by reforming the criteria necessary to become qualified.
In testimony before a House Small Business Committee panel today, banking industry leaders offered examples of the harmful effects of excessive regulation on America’s hometown banks, including those serving rural communities.
ABA, together with several financial and agricultural trade groups, today wrote to Congress urging lawmakers to include additional funding for the Farm Service Agency’s direct operating loan and guaranteed operating loan programs in the 2017 agriculture appropriations spending bill.
In testimony before the Senate Agriculture Committee on behalf of ABA today, Leonard Wolfe, president and CEO of United Bank and Trust in Marysville, Kan., raised concerns about the size, complexity and tax advantage of the Farm Credit System and called for closer congressional oversight of the government sponsored enterprise — a key component of ABA’s Agenda for America’s Hometown Banks.
Earlier this month, the Rural Housing Service amended the regulations surrounding its Single Family Housing Guaranteed Loan program.
ABA today hosted a meeting with congressional staffers and representatives from various appraisal industry groups to discuss appraiser shortage issues in rural areas and how regulations are affecting the industry.