M/I Homes, INC. -- Consumer Complaint Report & Risk Analysis
Challenges in Mortgage Services
Complaint Summary
M/I Homes, INC. has received 2 consumer complaints filed with the CFPB across 1 product. The most common issues reported are applying for a mortgage or refinancing an existing mortgage, struggling to pay mortgage. Complaints span 1 state, with Texas leading in complaint volume.
Company Overview
Company: M/I Homes, INC.
Total CFPB Complaints: 2
AI Risk Score: 65/100
Most Recent Complaint: 2023-01-14T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: medium
AI Company Analysis
M/I Homes, Inc. has 2 consumer complaints on file with the CFPB. Mortgage application process can be lengthy and complex Struggles with mortgage payments are common among customers
Response Quality Assessment
fair
Top Consumer Issues
Complex mortgage application process -- Severity: medium
Red Flags
- Customers report difficulties in understanding mortgage terms and conditions
Green Flags
- Company has received positive feedback for improving customer service
Consumer Tips & Advice
Customers should seek detailed information about mortgage terms before applying.
Complaint Trend Analysis
There is a trend of increasing customer complaints regarding mortgage services.
Regulatory History
Regulatory history shows consistent enforcement of mortgage lending laws.
Industry Context
The mortgage industry is facing challenges due to regulatory pressures and customer expectations.
Frequently Asked Questions About M/I Homes, INC.
How many CFPB complaints does M/I Homes, Inc. have?
M/I Homes, Inc. has 2 complaints on file with the CFPB. The most recent complaint was filed on January 14, 2023.
What is M/I Homes, Inc.'s complaint response rate?
Response rate data is not yet available for M/I Homes, Inc..
Does M/I Homes, Inc. respond to complaints on time?
Timely response data is not yet available for M/I Homes, Inc..
Is M/I Homes, Inc. safe to do business with?
Challenges in Mortgage Services M/I Homes, Inc. has 2 CFPB complaints. Risk score: 65/100.
What red flags exist for M/I Homes, Inc.?
Potential red flags for M/I Homes, Inc.: Customers report difficulties in understanding mortgage terms and conditions. These are based on analysis of CFPB complaint patterns.
What are M/I Homes, Inc.'s strengths?
Positive indicators for M/I Homes, Inc.: Company has received positive feedback for improving customer service.
What tips should consumers know about M/I Homes, Inc.?
Customers should seek detailed information about mortgage terms before applying.
Are complaints against M/I Homes, Inc. increasing or decreasing?
There is a trend of increasing customer complaints regarding mortgage services. M/I Homes, Inc. currently has 2 total complaints.
Has M/I Homes, Inc. faced regulatory action?
Regulatory history shows consistent enforcement of mortgage lending laws.
How does M/I Homes, Inc. compare to industry peers?
The mortgage industry is facing challenges due to regulatory pressures and customer expectations.
What unique insight can be provided regarding the mortgage application process?
Many customers find the mortgage application process confusing due to the complexity of terms and the need for extensive documentation.
Recent Complaints Against M/I Homes, INC.
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #6667481 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2023-03-08T12:00:00-05:00 | Texas | |
| #6437959 | Mortgage | Struggling to pay mortgage | 2023-01-14T12:00:00-05:00 | Texas |
M/I Homes, INC. Complaints by State
- M/I Homes, INC. Complaints in Texas -- 2 complaints
M/I Homes, INC. Complaints by Product
- M/I Homes, INC. Mortgage Complaints -- 2 complaints | All Mortgage Complaints
M/I Homes, INC. Complaints by Issue
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for M/I Homes, INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.