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  • Ocwen cleared of wrongdoing in multi-billion dollar mortgage bond fight

    Early in 2015, a group of mortgage bond investors that reportedly included BlackRock, MetLife, and Pimco accused Ocwen Financial of violating its duties as a mortgage servicer by failing to properly collect payments on $82 billion of home loans thereby costing the investors $26 billion. Now, after a yearlong independent investigation found no evidence of the litany of allegations made by the investors, Ocwen is off the hook. Click the headline for the whole story.

North Texas housing prices slip 2.6%

A plunge in sales and rising inventories have pulled the rug out from under North Texas home prices. September's 2.6%  price decline was the third straight month of year-over-year decreases in the Standard & Poor's/Case-Shiller Home Price Index, which tracks prices of pre-owned homes. It was also the largest drop since May 2009.

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