CREDIT ASSESSMENT AND RATIONING IN A FEDERAL LENDING FRAMEWORK

Empirical evidence on the Farm Service Agency’'s credit evaluation and minority lending practices are presented using actual borrower data during aftermath of 1997 class action suit by Black farmers. Results indicate non-applicability of conventional credit assessment methods of private lenders, thus reinforcing FSA'’s role as lender of last resort.


Issue Date:
2004
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20218
Total Pages:
22
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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