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United States
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Regulatory Information
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executive
2010-09-24
article
Farm Loan Programs Account Servicing Policies-Servicing Shared Appreciation Agreements
Rules and Regulations
D09002ee1bdfa3a8e
D09002ee1bdfa3b0f
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 Business-Cooperative Service
originator
org
United States Government Agency or Subagency
United States
Rural Utilities Service
originator
org
United States Government Agency or Subagency
United States
Farm Service Agency
originator
org
United States Government Agency or Subagency
This action amends the terms and servicing of Shared Appreciation Agreements. This final rule allows the remaining contributory value of capital improvements made during the term of the Shared Appreciation Agreement to be deducted when calculating the recapture amount under the agreement, reduces the maturity period of such agreements executed after the effective date of this issuance from 10 years to 5 years, and reduces the interest rate on Shared Appreciation loans from the Non-program loan rate to the Farm Loan Program Homestead Protection rate. These changes will give borrowers an opportunity to repay a portion of the Farm Service Agency (FSA) debt that was written off, while ensuring that the Government promptly recaptures some appreciation of the collateral. This rule also will encourage improvement of Agency security during the term covered by the Shared Appreciation Agreement.
65 FR 50401
https://www.govinfo.gov/app/details/FR-2000-08-18/00-20679
00-20679
fr18au00-1
RIN 0560-AF78
3410-05-P
https://www.govinfo.gov/app/details/FR-2000-08-18/00-20679
https://www.govinfo.gov/content/pkg/FR-2000-08-18/html/00-20679.htm
https://www.govinfo.gov/content/pkg/FR-2000-08-18/pdf/00-20679.pdf
Account Servicing
Credit
Debt Restructuring
Loan Programs-Agriculture
Loan Programs-Housing and Community Development
5 p.
50401
50405
65 FR 50401
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 Policies-Servicing Shared Appreciation Agreements; Federal Register Vol. 65, Issue
RULE
00-20679
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Rural Business-Cooperative Service
Rural Utilities Service
Farm Service Agency
2000-08-18
3410-05-P
00-20679
Final rule.
This action amends the terms and servicing of Shared Appreciation Agreements. This final rule allows the remaining contributory value of capital improvements made during the term of the Shared Appreciation Agreement to be deducted when calculating the recapture amount under the agreement, reduces the maturity period of such agreements executed after the effective date of this issuance from 10 years to 5 years, and reduces the interest rate on Shared Appreciation loans from the Non-program loan rate to the Farm Loan Program Homestead Protection rate. These changes will give borrowers an opportunity to repay a portion of the Farm Service Agency (FSA) debt that was written off, while ensuring that the Government promptly recaptures some appreciation of the collateral. This rule also will encourage improvement of Agency security during the term covered by the Shared Appreciation Agreement.
This regulation is effective on August 18, 2000.
Michael C. Cumpton, telephone (202) 690-4014; electronic mail: mike_cumpton@wdc.fsa.usda.gov.
Account Servicing
Credit
Debt Restructuring
Loan Programs-Agriculture
Loan Programs-Housing and Community Development
Program regulations:
Farm loan programs account servicing policies; servicing shared appreciation agreements,
mike_cumpton@wdc.fsa.usda.gov
Federal Register
Vol. 65, no. 161
Office of the Federal Register, National Archives and Records Administration
2000-08-18
continuing
daily
deposited
born digital
204 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2000-08-18
P0b002ee1809fb4b4
0097-6326
0042-1219
0364-1406
769-004-00000-9
000582072
f:fr18au00
https://www.govinfo.gov/app/details/FR-2000-08-18
https://www.govinfo.gov/content/pkg/FR-2000-08-18/pdf/FR-2000-08-18.pdf
https://www.govinfo.gov/content/pkg/FR-2000-08-18/xml/FR-2000-08-18.xml
fdlp
50401
50593
DGPO
2010-09-24
2023-05-05
FR-2000-08-18
machine generated
eng
FR
FR-2000-08-18
65
161