SAN FRANCISCO - A popular type of home loan for families with low to moderate incomes is showing sharply higher delinquency rates than other mortgages, an industry leader warned this week.

Leland Brendsel, chairman of the Federal Home Loan Mortgage Corp., said that low-down-payment loans for people in that income range are going delinquent at up to double the rate for traditional mortgages. He called the performance "disappointing."

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