Economist Dismisses Notion of Upcoming Housing-Fueled Recession

National Mortgage Professional, Apr. 10, 2019–Phil Hall
Ralph G. DeFranco, Global Chief Economist for Arch Capital Services Inc., insisted that ongoing housing trends bear no resemblance to the conditions that took place in the run-up to the 2008 Great Recession. Indeed, DeFranco stressed that today’s housing market is not contributing to an economic fraying.