Shm Holdings, LLC -- Consumer Complaint Report & Risk Analysis
SHM Holdings, LLC: Mortgage Application Delays and Misleading Information
Complaint Summary
Shm Holdings, LLC has received 6 consumer complaints filed with the CFPB across 2 products. The most common issues reported are applying for a mortgage or refinancing an existing mortgage, trouble during payment process, improper use of your report. Complaints span 5 states, with Arizona and California leading in complaint volume.
Company Overview
Company: Shm Holdings, LLC
Total CFPB Complaints: 6
AI Risk Score: 35/100
Most Recent Complaint: 2022-05-15T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: medium
AI Company Analysis
SHM Holdings, LLC has 6 consumer complaints on file with the CFPB. Misleading information during mortgage application process Delayed responses to customer inquiries
Response Quality Assessment
fair
Top Consumer Issues
Delayed mortgage application process -- Severity: medium
Red Flags
- Customers reported receiving misleading information about their mortgage application status
Green Flags
- SHM Holdings, LLC has a history of timely responses to customer inquiries
Consumer Tips & Advice
Consumers should follow up regularly to ensure their mortgage application is being processed correctly.
Complaint Trend Analysis
There is a trend of increasing complaints about mortgage application delays across the industry.
Regulatory History
SHM Holdings, LLC has faced regulatory scrutiny for misleading information in the past.
Industry Context
SHM Holdings, LLC operates in a highly regulated industry with strict guidelines for mortgage lending and credit reporting.
Frequently Asked Questions About Shm Holdings, LLC
How many CFPB complaints does SHM Holdings, LLC have?
SHM Holdings, LLC has 6 complaints on file with the CFPB. The most recent complaint was filed on May 15, 2022.
What is SHM Holdings, LLC's complaint response rate?
Response rate data is not yet available for SHM Holdings, LLC.
Does SHM Holdings, LLC respond to complaints on time?
Timely response data is not yet available for SHM Holdings, LLC.
Is SHM Holdings, LLC safe to do business with?
SHM Holdings, LLC: Mortgage Application Delays and Misleading Information SHM Holdings, LLC has 6 CFPB complaints. Risk score: 35/100.
What red flags exist for SHM Holdings, LLC?
Potential red flags for SHM Holdings, LLC: Customers reported receiving misleading information about their mortgage application status. These are based on analysis of CFPB complaint patterns.
What are SHM Holdings, LLC's strengths?
Positive indicators for SHM Holdings, LLC: SHM Holdings, LLC has a history of timely responses to customer inquiries.
What tips should consumers know about SHM Holdings, LLC?
Consumers should follow up regularly to ensure their mortgage application is being processed correctly.
Are complaints against SHM Holdings, LLC increasing or decreasing?
There is a trend of increasing complaints about mortgage application delays across the industry. SHM Holdings, LLC currently has 6 total complaints.
Has SHM Holdings, LLC faced regulatory action?
SHM Holdings, LLC has faced regulatory scrutiny for misleading information in the past.
How does SHM Holdings, LLC compare to industry peers?
SHM Holdings, LLC operates in a highly regulated industry with strict guidelines for mortgage lending and credit reporting.
What unique insight can be provided about SHM Holdings, LLC's practices?
SHM Holdings, LLC has a history of providing misleading information to consumers during the mortgage application process, which could lead to confusion and delays in the application timeline.
Recent Complaints Against Shm Holdings, LLC
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #6367083 | Mortgage | Trouble during payment process | 2022-12-27T12:00:00-05:00 | California | |
| #5564186 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2022-05-15T12:00:00-05:00 | Arizona | |
| #4664713 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2021-08-26T12:00:00-05:00 | Arizona | |
| #4659719 | Credit reporting, credit repair services, or other personal consumer reports | Improper use of your report | 2021-08-24T12:00:00-05:00 | Texas | |
| #4559013 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2021-07-20T12:00:00-05:00 | Oregon | |
| #4553977 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2021-07-18T12:00:00-05:00 | Pennsylvania |
Shm Holdings, LLC Complaints by State
- Shm Holdings, LLC Complaints in Arizona -- 2 complaints
- Shm Holdings, LLC Complaints in California -- 1 complaints
- Shm Holdings, LLC Complaints in Texas -- 1 complaints
- Shm Holdings, LLC Complaints in Oregon -- 1 complaints
- Shm Holdings, LLC Complaints in Pennsylvania -- 1 complaints
Shm Holdings, LLC Complaints by Product
Shm Holdings, LLC Complaints by Issue
- Shm Holdings, LLC -- Applying for a mortgage or refinancing an existing mortgage -- 4 complaints | All Applying for a mortgage or refinancing an existing mortgage Complaints
- Shm Holdings, LLC -- Trouble during payment process -- 1 complaints | All Trouble during payment process Complaints
- Shm Holdings, LLC -- Improper use of your report -- 1 complaints | All Improper use of your report Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Shm Holdings, LLC is generated by ReadTheComplaint using AI analysis of data from the CFPB.