Mortgage loan delinquency (ratio of borrowers 60 or more days past due) increase for the fifth straight quarter and hit a national average high of 3.23 percent for the first three months of 2008.ALGONA - United States representatives and senators debate bills to bail out the mortgage crisis. Does the lender make privately or federally insured or guaranteed loans? Some mortgage loans may be backed by a federal agency, such as the Federal Housing Administration (FHA loans) or the Department of Veterans Affairs (VA loans).
