Farm-Mortgage Lending Experience of Sixteen Life Insurance Companies, the Federal Land Banks, and the Farmer's Home Administration, October Through December 1957

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Excerpt from Farm-Mortgage Lending Experience of Sixteen Life Insurance Companies, the Federal Land Banks, and the Farmer's Home Administration, October Through December 1957: Prepared in the Farm Economics Research DivisionFor 1957 as a whole the 16 companies increased the number of out standing farm mortgages by'l percent. The amount outstanding rose 5 percent. The average size of farm mortgage continued to rise, in 1957 the average mortgage acquired was $l6, ulo which compares with in 1956. Principal repaymentsy including repayments through refinancing? Dropped 5 percent. For the year as a whole, principal repayments were 10 percent of the amount out standing at the beginning of 1957, in 1956 repayments averaged 12 percent.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.