The Consumer Financial Protection Bureau Issues Report on Older Consumers at Mortgage Debt

Mortgage debt has become an increasing trend for older adults, making retirement security a concern for many homeowners. The Consumer Financial Protection Bureau has been tracking this recent trend, and has recently released a report titled “A snapshot of older consumers and mortgage debt.” The snapshot is composed of data from the Census Bureau, the Federal Reserve, and the CFPB’s consumer complaints, among other sources, to … Continue reading The Consumer Financial Protection Bureau Issues Report on Older Consumers at Mortgage Debt