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Solutions to 7 Common Mortgage Problems

In June, the Consumer Financial Protection Bureau (CFPB) launched an enhanced version of its database of consumer complaints about financial companies–mainly lenders, banks and credit card issuers.

Nearly 8,000 complaints were posted, a tiny fraction of the 627,000 complaints it has fielded since 2011. Of those, more than one-fourth were from mortgage borrowers, revealing a bottomless pit of frustration with lenders and servicers. If you have a complaint, the CFPB can help.

Meanwhile, MSN has compiled a list of seven recurring mortgage problems that borrowers face, according to the complaint files and includes suggestions for how to address them.

Read their findings here.

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