NEWS
DTN Business Blog
Marcia Zarley Taylor DTN Executive Editor
Wed Jun 27, 2007 03:05 PM CDT

Taylor, DTN: About all that some lenders say they need to see today for a $300,000 mortgage is a financial statement (with debt-to-asset ratio and net worth) and a credit report. This week's "Minding Ag's Business" guest Doug Stark, CEO of Farm Cedit Services of America, is discussing the issue of split-second credit approvals with DTN readers. They can comment at www.dtnag.com or email comments to me.

So I'd like to ask Doug to elaborate a bit. Isn't this kind of fast-credit automation relying on equity lending, the kind of loan practice that got people into trouble during the 1980s debt crisis? ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Ample Stocks Ahead Drought recovery in many areas has led to higher stocks, brighter production prospects and modera...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Klinefelter: By the Numbers Deteriorating profit margins flip the fortunes of big renters and conservative owner-operators. I...
  • Training for Sustainability The Hmong American Farmers Association is helping producers who migrated to the United States fol...
  • Ask the Vet What are these crusty scabs on my cattle?
Related News Stories
Senior Partners - 5
Ag Interest Rate Snapshot
Net Farm Income Falling Fast
Monsanto Calls Off Hunt
Monsanto Calls Off Hunt
Monsanto Nixes Syngenta Bid
View From the Cab
Merger Approved
Deere Reports Profit Down
Deere Reports Profit Down