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Mortgage deal monitor: Ocwen review may be flawed

WASHINGTON (AP) — The monitor overseeing a national mortgage settlement says an internal review of its compliance conducted by Ocwen Financial Corp., one of the biggest U.S. servicers of home loans, may not have provided accurate accounting.

Mortgage Delinquencies Hit Post-Bubble Lows

In general, mortgage delinquencies fell to 5.4% due to home price improvements and clearing foreclosure pipelines. The normal level before the housing bubble was between 4% and 5%.

Mortgage Delinquencies Hit Post-Bubble Lows

In general, mortgage delinquencies fell to 5.4% due to home price improvements and clearing foreclosure pipelines. The normal level before the housing bubble was between 4% and 5%.