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IN RE CASE

BAP No. EW 89-1313-AsMeR, Bankruptcy No. 87-03131-K32.

115 B.R. 666 (1990)

In re Marion Zenola CASE, Debtor. UNITED STATES, Farmers Home Administration, Appellant, v. Marion Zenola CASE, Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided July 10, 1990.

Attorney(s) appearing for the Case

William H. Beatty, Spokane, Wash., for appellant U.S.

Robert J. Reynolds, Yakima, Wash., for appellee Marion Zenola Case.

Before ASHLAND, MEYERS and RUSSELL, Bankruptcy Judges.

OPINION

ASHLAND, Bankruptcy Judge:

The United States of America, acting through the Farmers Home Administration ("FmHA"), appeals the bankruptcy court's confirmation of a Chapter 12 plan which reduced FmHA's allowed secured claim by the costs of foreclosure from the fair market value of the real property and which provided for an interest rate less than the fair market rate on FmHA's allowed secured claim. We reverse and remand.

FACTS

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