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Return to Comments
Collateral Evaluation Rule
Type: Regulation
Federal Register Document Type: Proposed
Appraisal Reporting Requirements

Text of Comment Letter
As a Farm Credit System director, I am writing to express my concern that FCA's recently proposed rule on
collateral evaluation will have a negative impact on the agricultural producers, agribusinesses, and other customers
we serve. The rule would slow the loan-making process and place needless cost and burden on producers without
any real benefit to the safety and soundness of Farm Credit System institutions. I respectfully ask FCA to withdraw
the rule and engage Farm Credit System representatives in a constructive dialog designed to identify an approach
to collateral evaluation requirements that is farmer friendly, recognizes modern practices, and simplifies the credit
delivery process.

Thank you for your consideration.

Tim Benoit

3986 O Rd.
HC1, Box 27
Damar, KS  67632
785-737-3429 (Cell)?

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