Inside a nonprofit's effort to clean up billions in rent-stabilized debt
In response to a financial crisis affecting rent-stabilized buildings, Community Preservation Corp is implementing loan modifications to restore cash flow and improve building conditions.
CFPB received fewer reverse mortgage complaints in 2024
About 13% of all complaints were related to applying for a loan or refinancing an existing one. Most of these issues stemmed from an attempt to communicate with the company to fix some kind of an application issue.