Comment Submitted by Mark Ellington, Jackson Purchase ACA

As a representative of the Jackson Purchase Agricultural Credit Association, I would like to state my support for the proposed approval of the Farm Credit System in FHA Mortgage Insurance Program. I believe that the approval of the Farm Credit System is overdue and should be passed. The Farm Credit System shares the same footprint as FHA for rural housing customers. We are already structured logistically to provide financing for the rural housing segement. It only makes sense to include the Farm Credit System in the FHA program especially since most Commercial lenders have retreated from the markets in this segment of lending.