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Florida still ranks high in mortgage complaints

State’s mortgage woes not over

The state of Florida ranks as one of the states with the most mortgage complaints, according to a new national analysis of mortgage industry complaints released Tuesday by the U.S. Public Interest Research Group. Per Tampa Bay Times:

The article explained that Florida ranks fourth among all states and the District of Columbia in the concentration of mortgage complaints filed between late 2011 and March 16 of this year with the federal Consumer Financial Protection Bureau.

Florida stands out because the other high-complaint states and D.C. are all small in population compared with the Sunshine State. Florida's high rate of 82.6 mortgage complaints per 100,000 residents is a key sign that Florida's mortgage industry woes continue to run wide and deep in the nation's third-largest state.

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