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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.


Jon Herrmann

?517 E. 7th St

Kinsley, KS  67547

620-430-0942 (c)

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