Consequently, many farmers were unable to service their debt, and
delinquencies on loans to major farm lenders-principally banks, the Farm Credit System, life insurance companies, and the Farmers Home Administration-grew substantially.16
16 Emanuel Melichar, Turning the Corner on Troubled Farm Debt, 73 FED. RESERVE BULL. 523, 525- 26 (1987).
TWO CONCEPTS OF MEDIATION IN THE FmHA'S FARMER-LENDER
MEDIATION PROGRAM, Leonard L. Riskin