Agricultural Mortgage Activity of Major Lenders

Steven R. Kownig

No 278677, Staff Reports from United States Department of Agriculture, Economic Research Service

Abstract: This study focuses on the flow of farm real estate debt by four types of farm lenders serving agriculture--commercial banks, the Farm Credit System, life insurance companies, and the Farmers Home Administration--instead of focusing on the more widely reported stock of farm real estate debt._JAnalysis of farm mortgage flow data from a variety of sources, including surveys and regulatory reports, indicates that recent agricultural mortgage origination volume has declined sharply from the peak of the late 1970's and early 1980's. Commercial banks, once a minor originator of agricultural mortgages, are now a major supplier. Both the Farm Credit System, once the dominant lender, and the Farmers Home Administration have experienced a sharply diminishing role in supplying agricultural mortgages in recent years.

Keywords: Agricultural and Food Policy; Agricultural Finance (search for similar items in EconPapers)
Pages: 28
Date: 1992-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:278677

DOI: 10.22004/ag.econ.278677

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