The share of higher priced mortgage loans reported by lenders in 2005 jumped nearly 70 percent from 2004 levels, propelled by interest-rate changes and a flattened yield curve over most of last year, according to the Federal Reserve Board’s analysis of the latest Home Mortgage Disclosure Act data. The Fed analysis found that 26.2 percent of all loans reported under HMDA qualified as rate-spread loans in 2005. This was up from the 15.5 percent rate of higher priced loans reported in 2004. The incidence of rate-spread loans...