Ralph DeFranco

Global Chief Economist

Ralph DeFranco is global chief economist at Arch Capital Services in White Plains, N.Y.

Housing markets

Hurricane damage can be costly, but housing market recovery is swift

While the scale of destruction and suffering caused by Hurricanes Harvey and Irma is staggering, history suggests the local economy and housing markets in the affected areas will bounce back relatively quickly.

By Ralph DeFranco

October 11

TRENDING

Climate change

Climate risk? "Urgent but manageable" industry stakeholders say

The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.

By Maria Volkova

2h ago
FHFA

FHLBs should double financing for affordable housing, regulator says

In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.

By Spencer Lee

3h ago
Servicing

Non-QM delinquencies rise, but losses remain subdued

The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.

By Brad Finkelstein

11h ago