Home > Consumer Financial Protection Bureau > Consumer Financial Protection Bureau Complaints Tallied For 2011 – Have You Filed Your Complaint?

Consumer Financial Protection Bureau Complaints Tallied For 2011 – Have You Filed Your Complaint?

Millions of homeowners are struggling to get banks to work to modify their mortgages. Yet only 2326 complaints have been filed with the Consumer Financial Protection Bureau. It’s important that the CFPB understands the enormous scope of many homeowners have been victims of unfair and deceptive practices by mortgage banks. If you are a homeowner and feel you’ve been treated unfairly, please be proactive and file a complaint. The CFPB can’t be effective if homeowners don’t file complaints.

The new Consumer Financial Protection Bureau has received about 12,000 complaints over the past six months from consumers who had problems with their credit cards and mortgages, according to the CFPB’s semi-annual report to Congress.

In the half year ending Dec. 31, 2011, the agency received 9,307 credit card complaints and 2,326 mortgage complaints through its website, by phone, and through referrals from other federal regulators, according to the report released Tuesday.

Read the Entire Article Here: Consumer Financial Protection Bureau Complaints Tallied For 2011.

  1. Michael Szalay
    February 28, 2012 at 8:34 pm

    Filed complaint on 2-27-12 indicating Wells Fargo interest rate of 9.375% and monthly mortgage increase from $1572 to $2838. After 3 hours of filing complaint, Wells Fargo called my telephone at home and indicated they received complaint and telling me of my sale date of 3-22-12 and they would be sending out a modification kit. I have submitted modifications to Wells Fargo 3 times. I am amazed how fast they acted upon filing complaint. I have forwarded packet to Michele Varney at HSI Trust who are working on my file. They were very friendly and stated they wanted to help…yeah right…increasing my mortgage payment and sale date of my home with no letter of trustee sale received as of yet, but they have an auction date set for March 22, 2012. They want to help alright! Predators!

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