On November 1, 1985, the U.S. Department of Agriculture's Farmers Home Administration (FmHA) published regulations instituting new procedures for handling farm loan program borrowers who are one year or more delinquent in their loan payments. This report outlines the history of the lawsuit that led to the promulgation of the new regulations, examines the arguments against them contained in the subsequent legal challenge, and discusses some of the policy issues underlying FmHA's actions regarding delinquent borrowers.
Jean M. Rawson, Analyst, Environment and Natural Resources Policy Division.
CRS 86-524 ENR
"January 23, 1986."
SuDoc# 14. 18/3
