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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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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.
I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.
Not bad, but he needs to take his time making additional changes.
We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

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