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CFPB received less opposite mortgage complaints in 2024

Posted by Unes on January 25, 2025
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About three complaints were related to the relation of “fighting to pay the mortgage” and half of this share was relevant. The majority of the other half “Trying to communicate with the company to solve a problem, bankruptcy or bankruptcy, short-selling, short-selling, short sales, short sales, brief sales, bankruptcy or bankruptcy, bankruptcy or bankruptcy, bankruptcy or bankruptcy, bankruptcy or bankruptcy.

About 13% of all complaints were related to the application of credit or existing. Most of these issues have tried to communicate with the company to address a kind of application. About 10% of the total share of complaints are related to the issues related to the loan.

298 217 of the complaints were included in the online with the Bureau and received on the phone No. 56. The other was sent to 18 and managed through the seven traditional posts.

Between the top 10 opposite mortgage loans of the nation – the mother company and Reverse mortgage of freedom – Last year, he had the most complaints in 95. (27), (11) and (8) followed. Eight complaints (AAG) were attributed to a company absorbed by FOA.

The majority of complaints (98%) answered “on time” and a similar share was closed. Only 14 complaints were included in the last year. Only 14 complaints were closed to Friday.

Peer Advisors LLC – 51 complaints of the opposite mortgage service, the second decimal group was second. The CFPB and the Bureau, which shows the higher part of the higher part of the monthly mortgage complaints between 2020 and 2022 in mid-2020 and 2022, said this could relate to the latest changes in the service.

“Consumers or statement in reverse mortgage loans, or expressing the amount of money in the amount or payment of lending or paying a mortgage to pay a mortgage.

“In their answers, companies will sometimes apologize for delay and provide the required information. In other answers, companies will require consumer information.”

Reverse mortgage loans covered only a small part of all consumer complaints caught in the broad mortgage industry. The opposite sharing is 1.4% of 21,236 complaints with the mortgage industry with the largest number of complaints in a large mortgage area (12,853).

The opposite mortgage complaints were in a constant low trend between January 425, January 2020, January 2020 (562) since January 2020 (247).

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