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Volume 29 - Number 9

April 30, 2018

Downloads Available: Mortgage-Related Complaints Filed With CFPB: 3M18

Consumer Mortgage Complaints Plunge Year Over Year

Consumer complaints to the CFPB related to mortgages are down sharply from a year ago, with huge declines in every major category, according to a new Inside the CFPB analysis. Total gripes filed during the first quarter of 2018 were down 36.3 percent from a year ago, although the volume was up slightly – 2.5 percent – from the fourth quarter of 2017. Among specific kinds of mortgage complaints, criticisms about loan modifications dropped both annually and quarterly... [Includes one data chart]

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This biweekly keeps mortgage executives on top of the onslaught of new legal and regulatory issues the industry has been seeing.



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