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The company is well on its way to achieving that goal this year, having increased its payout 3% in mid-January. More dividend growth is likely over the coming quarters, given the company’s outlook for.

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Homebuilders continue to forecast demand for single-family homes but also remain concerned about affordability due to rising materials costs, the escalating trade war and rising mortgage rates.

Florida also alleges widespread servicing failures at Ocwen Ocwen will provide $2 million in restitution to mortgage borrowers in the state of Massachusetts as part of settlement with the state over alleged "widespread" mortgage servicing problems. The.

Analysts loved the deal, with both Bank of America/Merrill and Baird releasing bullish commentary shortly after its announcement. BofA, for example, initiated the stock at Buy with a $52 price target.