1. Goldman Flags Record FHA Concentration in U.S. Mortgage Delinquencies as Serious Defaults Climb 20%
Goldman Sachs analyst Jason Acosta has flagged a troubling concentration of distressed mortgages in the Federal Housing Administration loan book, highlighting FHA-backed loans now represent a record 55% of all seriously past-due mortgages in the United States. Acosta described one data visualization as his "chart of th...