May 17, 2023 · Reverse Mortgage Complaint #1: Unfair and Excessive Fees Taking almost any mortgage comes with a number of fees. That said, some fees and costs ...
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Sep 26, 2023 · 4 Most Common Reverse Mortgage Complaints in 2024 · 1. Excessive fees · 2. Equity erosion · 3. Burden on heirs · 4. Foreclosure concerns.
The most common reverse mortgage complaint is about difficulty with changing the loan terms, and problems communicating with loan servicers.
For complaints about deceptive practices in connection with reverse mortgage loans in your state, contact: Your state Attorney General's office (www.naag.org) ...
You must submit a complaint to refer the matter for investigation. For non-FHA loans, you may send reports to: Federal Bureau of Investigation Phone: 1-800 ...
Jan 26, 2024 · There were a total of 361 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) related to the reverse mortgage ...
Duration: 2:55
Posted: Oct 12, 2023
Posted: Oct 12, 2023
Reverse mortgage loans | Consumer Financial Protection Bureau
www.consumerfinance.gov › reverse-mo...
Submit a complaint. If you are having an issue with a reverse mortgage, you can submit a complaint to the CFPB. We'll work to get you a ...
Apr 8, 2024 · Out of 27,99 mortgage-related complaints submitted to the Consumer Financial Protection Bureau in 2023, approximately 400, or two percent, ...
Jan 26, 2024 · There were a total of 361 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) related to the reverse mortgage ...