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Volume 29 - Number 4

February 20, 2018

Downloads Available: Mortgage-Related Complaints by Seniors: 2016-2017

Seniors Had Fewer Mortgage-Related Complaints in 2017

Senior citizens filed significantly fewer complaints about their mortgage experiences in 2017, according to a new Inside the CFPB analysis of data compiled by the bureau. Seniors filed 2,966 mortgage complaints last year, down 44.6 percent from the 5,357 reported in 2016. Non-senior borrowers also submitted fewer mortgage complaints in 2017, but the decline was only 24.8 percent from the previous year. Most complaints from seniors over the past two years ... [Includes one data chart]

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