Is a recession brewing? These first-time homeowners will signal it first, one economist says. - MarketWatch
1. FHA mortgage delinquencies rising, indicating economic stress signals. 2. National delinquency rate increased to 3.53% in February. 3. 90% of new delinquencies were FHA loans, despite low market share. 4. Foreclosure filings rose 5%, indicating worsening homeowner financial conditions. 5. Predicted discussions on FHA delinquencies will intensify by 2025.