The Consumer Financial Protection Bureau (CFPB) is a governmental agency responsible for consumer protection within the financial sector. Its jurisdiction includes banks, credit unions, securities firms, mortgage servicing companies and other financial companies in the U.S. The agency was formed in 2011 as a legislative response to the financial crisis of 2007-2008.
In June 2012, the CFPB launched a consumer help center where Americans can submit complaints against banks and financial institutions they believe are ripping them off. The information in the center’s database is public. Check out this article to see which banks made the top of the list. To avoid getting ripped off by the big banks work with a mortgage lender you know and trust.
Please feel free to contact me at (312) 285-6644 with any questions you might have. And if you are a neighbor in Bowmanville, please say hello!
Heather McRae is a residential mortgage lender. She was first introduced to the real estate industry in 2001. Heather lends throughout the State of Illinois and specializes in condos within the City of Chicago. She is a proud resident of Lincoln Square’s Bowmanville neighborhood.