Housing Market Roundup

Among the many housing reports that came across our desk this week: Genworth Mortgage Insurance said 2020 was the “best year on record” for first-time home buyers; Radian said February home prices accelerated; Black Knight reported mortgage delinquencies rose for the first time in nine months; and Redfin said the home-buying process is becoming a headache for many consumers.

Genworth: Largest First-Time Homebuyer Purchase Market in 20 Years

Historically low interest rates, change in home preferences, flexible work schedules and increased housing affordability triggered substantial rebound in first-time homebuyer market in the third quarter, said Genworth Mortgage Insurance, Richmond, Va.

Housing Report Roundup

Welcome to the Friday Housing Report Roundup. Click on the link to see what’s happening.

Staying Connected While Working Remotely (MBA LIVE)

When the coronavirus struck earlier this year, mortgage companies pivoted quickly toward remote working. Now they are working hard to keep their dispersed teams connected, analysts said Tuesday during the MBA Live Risk Management, QA and Fraud Prevention Forum 2020.