The incoming bailouts for the government mortgage complex and student debt markets -- 15 percent of FHA insured loans are 30+ days delinquent

``It is incredible that FHA is insuring a loan pool of 7,400,000+ mortgages with a serious delinquency rate of 9.47 percent!  15 percent of these loans are at least 30+ days delinquent.  Instead of admitting the obvious that we are seeing similar Alt-A and subprime patterns here, the FHA is simply going to make it more expensive to borrow on a monthly basis instead of increasing that down payment requirement! ''