Mortgage-related consumer complaints filed with the CFPB dropped 21.5 percent last year to a mere 23,991 — the lowest number since the agency opened its door, according to a new analysis by Inside the CFPB. [Includes two data charts.]
The House Financial Services Committee will target White House acting Chief of Staff Mick Mulvaney over his previous role as the interim head of the CFPB, said Maxine Waters, chairwoman of the HFSC, one of the most powerful House committees.
Socialist Rep. Alexandria Ocasio-Cortez, D-NY, will sit on the House Financial Services Committee, which oversees banking, mortgages, as well as Fannie Mae and Freddie Mac.
Scheduled speakers included Housing and Urban Development Secretary Ben Carson, Kasper and Edward DeMarco, former acting Director of the Federal Housing Finance Agency.
Consumer complaints across major categories saw double-digit declines in the fourth quarter, according to a new analysis by Inside the CFPB. [Includes one data chart.]