Morning Minute: Federal CFPB database tracks mortgage other financial complaints

The Consumer Financial Protection Bureau (CFPB) has opened up the public its extensive database tracking consumer financial complaints on everything from student loan and credit card debt to mortgages. The Consumer Complaint Database, which updates daily, allows consumers to search for types of complaints, how companies responded and any actions taken.

Real estate columnist Ken Harney writes about the new searchable database in, “The mortgage complaint window is open,” in today’s Daily Herald.

In other news:

Residential mortgage debt may lead to tipping point in GSE takeover – HousingWire

U.S. unemployment dips, but hiring weak – Crain’s Chicago Business

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About Stephanie Sievers

Stephanie Sievers is Associate Editor for the Illinois Association of REALTORS®. She serves as Associate Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.