Consumer Complaints About Mortgages Noticeably Drop in 3Q13
November 4, 2013
The complaints that consumers filed with the CFPB about their mortgages fell for the second straight quarter during the third quarter of 2013, and with a bigger drop 16.8 percent than was seen in 2Q13, when the fall off was at 9.2 percent, according to a new analysis of consumer complaint data by Inside the CFPB. Leading the way again were gripes about loan modifications, which fell 25.5 percent in the third quarter, versus a drop of 10.3 percent in 2Q13. Complaints related to applications and other aspects of the...{includes 1 chart]