For all intents and purposes he has been a selfish self-serving coward who didn't have the intestinal fortitude to do the right thing when faced with the prospect of going to jail (and rightly so, for being an out and out dirty cop). Instead he leveraged upon the fact that both Yelina and Ray Jr would survive without him, thanks in no small part to Yelina's strength of character. So Raymond made a deal with the devil and took off with his skin intact leaving his family lost and devastated at his "passing".
Considering the fact that he left his brother, wife and son to deal with the fall out of all the rumor mongering over his dirty cop "allegations", is yet another indication of Raymond's wretched lack of conscience where family and truth are at stake. As you pointed out that sentence from H to Raymond in 10-7 said it all. There is no doubt that Raymond felt the weight of the truth behind H's question to him. Pity H didn't punch Ryamond in the face as an exclamation point to finish off his sentence. O well, hope springs eternal for the next time they meet.
I think Raymond was more happy that he had escaped his pursuers, and had a flight out of town than he was to see his family again. Remember his expression? He looked like he was set for a routine vacation road trip! Striking denial of the situation. At least of the three adults, Yelina and Horatio were expressing their emotions honestly in their faces and body language.
Horatio's final gesture to Raymond was bleak, uncompromising and pointedly threatening with a very clear statement that should Raymond screw up again with Y and Ray Jr, Horatio would give him an asskicking of redheaded proportions.
So I guess, I'm not in the "Raymond loves his family" camp because from his treasonous actions past and present, he continues to be utterly clueless about the meaning of either "family" or "love". Raymond's day in court is fast approaching. I just hope we get to see his day of reckoning in S5. Horatio, Yelina and Ray Jr deserve at least this much justice.