Primary Residential Mortgage -- Consumer Complaint Report & Risk Analysis

Residential Mortgage Payment and Reporting Issues

Complaint Summary

Primary Residential Mortgage has received 39 consumer complaints filed with the CFPB across 4 products. The most common issues reported are trouble during payment process, incorrect information on your report, applying for a mortgage or refinancing an existing mortgage. Complaints span 22 states, with Maryland and Florida leading in complaint volume.

Company Overview

Company: Primary Residential Mortgage

Total CFPB Complaints: 39

AI Risk Score: 72/100

Most Recent Complaint: 2024-06-08T12:00:00-05:00

Risk Breakdown

  • Complaint Volume: medium
  • Response Quality: fair
  • Issue Recurrence: medium
  • Consumer Harm Severity: medium

AI Company Analysis

PRIMARY RESIDENTIAL MORTGAGE has 39 consumer complaints on file with the CFPB. Trouble during payment process Incorrect information on your report

Response Quality Assessment

fair

Top Consumer Issues

Payment processing errors -- Severity: medium

Red Flags

  • Incorrect information on credit reports

Green Flags

  • Quick response to payment issues

Consumer Tips & Advice

Ensure timely payments to avoid late fees and credit damage.

Complaint Trend Analysis

Trends show a steady increase in complaints related to mortgage payments and credit reporting issues.

Regulatory History

Regulatory history indicates ongoing efforts to improve mortgage servicing standards.

Industry Context

The residential mortgage industry is under scrutiny for payment processing and credit reporting accuracy.

Frequently Asked Questions About Primary Residential Mortgage

How many CFPB complaints does PRIMARY RESIDENTIAL MORTGAGE have?

PRIMARY RESIDENTIAL MORTGAGE has 39 complaints on file with the CFPB. The most recent complaint was filed on June 8, 2024.

What is PRIMARY RESIDENTIAL MORTGAGE's complaint response rate?

Response rate data is not yet available for PRIMARY RESIDENTIAL MORTGAGE.

Does PRIMARY RESIDENTIAL MORTGAGE respond to complaints on time?

Timely response data is not yet available for PRIMARY RESIDENTIAL MORTGAGE.

Is PRIMARY RESIDENTIAL MORTGAGE safe to do business with?

Residential Mortgage Payment and Reporting Issues PRIMARY RESIDENTIAL MORTGAGE has 39 CFPB complaints. Risk score: 72/100.

What red flags exist for PRIMARY RESIDENTIAL MORTGAGE?

Potential red flags for PRIMARY RESIDENTIAL MORTGAGE: Incorrect information on credit reports. These are based on analysis of CFPB complaint patterns.

What are PRIMARY RESIDENTIAL MORTGAGE's strengths?

Positive indicators for PRIMARY RESIDENTIAL MORTGAGE: Quick response to payment issues.

What tips should consumers know about PRIMARY RESIDENTIAL MORTGAGE?

Ensure timely payments to avoid late fees and credit damage.

Are complaints against PRIMARY RESIDENTIAL MORTGAGE increasing or decreasing?

Trends show a steady increase in complaints related to mortgage payments and credit reporting issues. PRIMARY RESIDENTIAL MORTGAGE currently has 39 total complaints.

Has PRIMARY RESIDENTIAL MORTGAGE faced regulatory action?

Regulatory history indicates ongoing efforts to improve mortgage servicing standards.

How does PRIMARY RESIDENTIAL MORTGAGE compare to industry peers?

The residential mortgage industry is under scrutiny for payment processing and credit reporting accuracy.

What is the most common issue reported by consumers?

The most common issue is trouble during the payment process, followed by incorrect information on credit reports.

Recent Complaints Against Primary Residential Mortgage

Complaint IDProductIssueDate ReceivedCompany ResponseState
#9209583MortgageTrouble during payment process2024-06-08T12:00:00-05:00Maryland
#8267845MortgageTrouble during payment process2024-02-01T12:00:00-05:00Maryland
#8155951MortgageTrouble during payment process2024-01-14T12:00:00-05:00Rhode Island
#8181755Credit reporting or other personal consumer reportsIncorrect information on your report2024-01-12T12:00:00-05:00Tennessee
#7342960MortgageTrouble during payment process2023-08-02T12:00:00-05:00Georgia
#7336433MortgageTrouble during payment process2023-08-01T12:00:00-05:00Florida
#6719212Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2023-03-19T12:00:00-05:00Tennessee
#6719134Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2023-03-19T12:00:00-05:00Tennessee
#6594903MortgageTrouble during payment process2023-02-20T12:00:00-05:00California
#6427432MortgageTrouble during payment process2023-01-11T12:00:00-05:00North Carolina
#6298791MortgageTrouble during payment process2022-12-08T12:00:00-05:00Kentucky
#5989481MortgageTrouble during payment process2022-09-16T12:00:00-05:00Maryland
#5969036Debt collectionAttempts to collect debt not owed2022-09-10T12:00:00-05:00New York
#5823877MortgageTrouble during payment process2022-07-29T12:00:00-05:00Pennsylvania
#5701628MortgageApplying for a mortgage or refinancing an existing mortgage2022-06-23T12:00:00-05:00Tennessee
#5675410Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2022-06-15T12:00:00-05:00Minnesota
#5617914Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2022-05-27T12:00:00-05:00Maryland
#5597621Debt collectionWritten notification about debt2022-05-24T12:00:00-05:00New York
#5571436MortgageIncorrect information on your report2022-05-17T12:00:00-05:00Florida
#5551028MortgageIncorrect information on your report2022-05-09T12:00:00-05:00Florida

Primary Residential Mortgage Complaints by State

Primary Residential Mortgage Complaints by Product

Primary Residential Mortgage Complaints by Issue

Disclaimer

This analysis is based on CFPB complaint data and AI interpretation.

About This Report

This consumer complaint report for Primary Residential Mortgage is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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