Farm Credit Administration updates loan reporting rules
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Table of Contents
The Farm Credit Administration is changing how it tracks high-risk loans. Specifically, it is removing a category called “Formally restructured loans,” also known as troubled debt restructurings (TDR).
Why it matters: This is a technical, administrative update intended to align agency rules with current accounting standards. It does not change how much money is lent or the fundamental requirements for reporting financial difficulty.
Who it affects
- Farm Credit System institutions
This information comes from the Farm Credit Administration via the Federal Register; readers should consult the official document before relying on these regulatory changes.
Agency: Farm Credit Administration
Source: Federal Register — read the official document