Faithin Omaha eBook Collection

Download or read book Farm-Mortgage Lending Experience of Twenty-Three Life Insurance Companies, the Federal Land Banks, and the Farmers Home Administration written by U. S. Agricultural Research Service and published by Forgotten Books. This book was released on 2018-03-19 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Farm-Mortgage Lending Experience of Twenty-Three Life Insurance Companies, the Federal Land Banks, and the Farmers Home Administration: September Through December 1959 Quarterly data for various series relating to mortgage lending are available for 16 life insurance companies from 1954 to date. Indexes were developed for (1) farm mortgages acquired during the quarter, (2) the increase in principal of farm mortgages already owned by the companies during the quarter, (3) farm mortgages paid in full during the quarter, (4) payments on principal of other farm mortgages during the quarter, (5) farm mortgages on which interest was overdue more than 3 months as of the end of the quarter excluding loans in process of foreclosure, and (6) total farm-mortgage loan commitments (including refinancing of existing mortgages held by the companies) during the quarter. Indexes were not computed for two series farm-mortgage loans owned and farm mortgages in process of foreclosure. Seasonal variations in the value of farm-mortgage loans owned are small and hidden by the large value of the series. The 16 companies used in the analysis have reported data continuously since the first quarter of 1954, the inception date of the regular survey. Because the 16 companies owned about 92 percent of the farm-mortgage loans outstanding for all life insurance companies as of January 1, 1959, the inclusion of the 8 that started reporting after 1954 would change the indexes very little. Furthermore, there is no reason to believe that the mortgage lending experience of 16 companies would differ materially from that of 24 companies. The series for which indexes were computed apparently contained no trend or cyclical movements for the short period analyzed. The indexes. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.