See which markets are unwavering in terms of the number of purchase applications, payment-to-income ratio, mortgage payments, and employment.
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Ocwen’s Ratings Revised from ‘Stable’ to ‘Positive’
Ocwen Loan Servicing, LLC recently received an upgrade in their rating outlook from stable to positive due to stronger risk management framework and management oversight, according to a Servicer Report from Fitch Ratings.
Read More »June Housing Market Indicators Highest Since 2008
Multiple market indicators show solid strong stabilization within housing in June, mostly due to employment and current mortgages, according to Freddie Mac's Multi-Indicator Market Index. Housing markets are the strongest they have been since 2008, with the national MiMi surpassing 80 in June. Freddie Mac attributes most of this positive growth to a surge in jobs and mortgages that are kept current in nearly all metros.
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