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Stock impact report

Arch MI’s Latest Housing and Mortgage Market Review Finds Major Recession Fears Overblown

Arch Capital Group Ltd. (ACGL) 
Last arch capital group ltd. earnings: 2/11 04:31 pm Check Earnings Report
Company Research Source: Business Wire
In Arch MI’s Spring 2019 Report, the Risk of Home Price Declines Has Increased, Affordability Challenges for Millennials Are Worsening GREENSBORO, N.C.--(BUSINESS WIRE)-- Research on how past recessions affected home values shows current conditions — including a shortfall in housing construction — likely mean the next recession will have a less severe impact on housing than the recession in 2008 did, according to the Spring edition of The Housing and Mortgage Market Review (HaMMR), released today by Arch Mortgage Insurance Company (“Arch MI”), a leading provider of mortgage insurance and a wholly owned subsidiary of Arch Capital Group Ltd. Dr. Ralph G. DeFranco, Global Chief Economist for Arch Capital Services Inc., stated that housing market trends are now nearly the complete opposite of conditions in the months prior to the Great Recession. “A recession is inevitable at some point, but it’s Show less Read more
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