Many housing companies and landlords across the country can and do require a background check as part of the application process, along with the traditional credit check, but the unverified or inaccurate information contained in them usually hurts renters first.
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Mortgages Slipping on CFPB’s Complaint List
As the Consumer Financial Protection Bureau (CFPB) approaches one million complaints handled in its five-year history, mortgages are no longer the most complained-about financial product.
Read More »Analysis Reveals Foreclosure-Related Complaints Declining Faster Than Delinquent Loans
The number of loan servicing, escrow, and payment-related complaints has been relatively stable with the volume of current inventory over the two-year period of 2013 and 2014. As of the end of 2014, the number of such complaints averaged less than one per every 10,000 current loans (0.77).
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