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Regulatory Information
1999_register
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2010-09-24
article
Farm Loan Programs Account Servicing PoliciesServicing Shared Appreciation Agreements
Proposed Rules
D09002ee1bdfba75d
D09002ee1bdfba7e4
United States
Department of Agriculture
originator
org
United States Government Agency or Subagency
United States
Rural Housing Service
originator
org
United States Government Agency or Subagency
United States
Rural Utilities Service
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org
United States Government Agency or Subagency
United States
Farm Service Agency
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org
United States Government Agency or Subagency
The Farm Service Agency (FSA) is proposing to amend the Shared Appreciation Agreement and the servicing of Shared Appreciation Agreements. The Shared Appreciation Agreement ensures that FSA shares in any appreciation of real estate security when a farm borrower has received a writedown of a portion of his or her FSA debt. The amount due can be paid in full or amortized when the Shared Appreciation Agreement matures or is triggered during the term of the agreement. The changes will allow the value of some capital improvements made during the term of the Shared Appreciation Agreement to be deducted from recapture, change the maturity period of future Shared Appreciation Agreements from 10 years to 5 years, and reduce the interest rate on Shared Appreciation loans to the Farm Program Homestead Protection rate. These changes will give borrowers an opportunity to repay a portion of the FSA debt that was written off, while still ensuring that the Government promptly recaptures some appreciation of the collateral. This rule will also improve Agency security during the term covered by the Shared Appreciation Agreement.
64 FR 61221
https://www.govinfo.gov/app/details/FR-1999-11-10/99-29396
99-29396
fr10no99-15
RIN 0560-AF78
3410-05-P
https://www.govinfo.gov/app/details/FR-1999-11-10/99-29396
https://www.govinfo.gov/content/pkg/FR-1999-11-10/html/99-29396.htm
https://www.govinfo.gov/content/pkg/FR-1999-11-10/pdf/99-29396.pdf
3 p.
61221
61223
64 FR 61221
Code of Federal Regulations
Title 7 Part 1951
7 CFR Part 1951
Regulation Identification Number 0560-AF78
RIN 0560-AF78
Farm Loan Programs Account Servicing PoliciesServicing Shared Appreciation Agreements; Federal Register Vol. 64, Issue
PRORULE
99-29396
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Rural Utilities Service
Farm Service Agency
2000-01-10
3410-05-P
99-29396
Proposed rule.
The Farm Service Agency (FSA) is proposing to amend the Shared Appreciation Agreement and the servicing of Shared Appreciation Agreements. The Shared Appreciation Agreement ensures that FSA shares in any appreciation of real estate security when a farm borrower has received a writedown of a portion of his or her FSA debt. The amount due can be paid in full or amortized when the Shared Appreciation Agreement matures or is triggered during the term of the agreement. The changes will allow the value of some capital improvements made during the term of the Shared Appreciation Agreement to be deducted from recapture, change the maturity period of future Shared Appreciation Agreements from 10 years to 5 years, and reduce the interest rate on Shared Appreciation loans to the Farm Program Homestead Protection rate. These changes will give borrowers an opportunity to repay a portion of the FSA debt that was written off, while still ensuring that the Government promptly recaptures some appreciation of the collateral. This rule will also improve Agency security during the term covered by the Shared Appreciation Agreement.
Comments on this rule and on the information collections must be submitted by January 10, 2000 to be assured consideration.
Michael C. Cumpton, telephone (202) 690-4014; electronic mail: mike__cumpton@wdc.fsa.usda.gov.
Federal Register
Vol. 64, no. 217
Office of the Federal Register, National Archives and Records Administration
1999-11-10
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284 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-1999-11-10
P0b002ee180a590c5
0097-6326
0042-1219
0364-1406
769-004-00000-9
000582072
f:fr10no99
https://www.govinfo.gov/app/details/FR-1999-11-10
https://www.govinfo.gov/content/pkg/FR-1999-11-10/pdf/FR-1999-11-10.pdf
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2010-09-24
2023-05-05
FR-1999-11-10
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FR-1999-11-10
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