2026 data Public-data reference. official source

WATERSTONE MORTGAGE CORPORATION

50 consumer complaints recorded in the CFPB Consumer Complaint Database, with breakdowns by product, state, and complaint year.

50 consumer complaints filed with the CFPB

This profile shows WATERSTONE MORTGAGE CORPORATION's complaint history from CFPB public records. 50 consumers have filed complaints since 2012. The company has a 100% timely response rate and has provided relief in 22% of cases.

50
Total Complaints
100%
Timely Response
10%
Disputed
22%
Relief Provided
20
States Active
2012
Since

Total complaints

50

Filed since 2012

Timely response

100%

CFPB-tracked response window

Relief rate

22%

Closed with monetary or non-monetary relief

Timely response rate 100.0%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 22.0%
Industry median

Share closed with monetary or non-monetary relief.

WATERSTONE MORTGAGE CORPORATION complaint mix by product

Total complaints: 50

WATERSTONE MORTGAGE CORPORATION complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 50 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Mortgage: 44 complaints (88.0%), resolution 20.5% Mortgage 88.0% Credit reporting,: 3 complaints (6.0%), resolution 33.3% Credit reporting, 6.0% Credit reporting: 2 complaints (4.0%), resolution 0.0% Other financial: 1 complaints (2.0%), resolution 100.0%
  • Mortgage 44 88.0% 21% relief
  • Credit reporting, 3 6.0% 33% relief
  • Credit reporting 2 4.0% 0% relief
  • Other financial 1 2.0% 100% relief

How WATERSTONE MORTGAGE CORPORATION's 50 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Mortgage 44
Credit reporting, credit repair services, or other personal consumer reports 3
Credit reporting or other personal consumer reports 2
Other financial service 1

Top States

State Complaints
FL 8
AZ 7
WI 4
NC 4
VA 3
NM 3
IA 2
OH 2
MN 2
MD 2
TX 2
CO 2
CA 1
IN 1
NV 1
OK 1
ID 1
OR 1
PA 1
GA 1

Top Issues

Issue Complaints
Applying for a mortgage or refinancing an existing mortgage 11
Application, originator, mortgage broker 11
Closing on a mortgage 10
Improper use of your report 4
Loan servicing, payments, escrow account 4
Credit decision / Underwriting 3
Settlement process and costs 2
Customer service/Customer relations 1
Other 1
Incorrect information on your report 1
Trouble during payment process 1
Struggling to pay mortgage 1

Yearly Trend

Year Complaints Timely
2012 1 100%
2013 4 100%
2014 6 100%
2015 5 100%
2016 4 100%
2017 5 100%
2018 2 100%
2019 4 100%
2020 2 100%
2021 5 100%
2022 5 100%
2023 1 100%
2024 1 100%
2025 5 100%

Source: CFPB Consumer Complaint Database CFPB Consumer Complaint Database

What the CFPB Record Shows About WATERSTONE MORTGAGE CORPORATION

WATERSTONE MORTGAGE CORPORATION has accumulated 50 consumer complaints in the CFPB public database, with filings active across 20 U.S. states. Of those submissions, 19 include a consumer narrative — the verbatim description of the reported problem that the CFPB collects alongside each filing. The earliest complaint on file dates back to 2012, and the most recent logged activity is 2025-04-23, giving this record a multi-year window of observable consumer sentiment.

Looking at response behavior, WATERSTONE MORTGAGE CORPORATION reports a 100% timely-response rate and has closed 78% of cases with a written explanation to the consumer. 22% of complaints were closed with monetary or non-monetary relief — an outcome signal that tracks how often consumers walked away with some form of remediation. A further 10% of responses were formally disputed by the consumer after the company replied, a useful marker of resolution quality independent of sheer volume. The most-reported product category for this record is "Mortgage", and the single most common underlying issue is "Applying for a mortgage or refinancing an existing mortgage".

Complaint volume is heavily influenced by company size, customer base, and market footprint — larger financial institutions routinely carry more filings purely because they serve more consumers. A complaint is a consumer-reported allegation, not proven wrongdoing, and a timely or relief-flagged closure does not by itself confirm fault. Use this page as one input among many when evaluating WATERSTONE MORTGAGE CORPORATION: cross-check against the CFPB Consumer Complaint Database directly, review your own contract terms, and consult a licensed professional for financial, legal, or regulatory advice. This page is informational only.

Disclaimer: This data is from CFPB public records. PlainComplaint does not provide financial advice. A complaint does not indicate that a company has violated any law or regulation. Complaint volumes are influenced by company size, customer base, and market presence. Use this data as one of many inputs when evaluating a company.

Frequently Asked Questions

How many CFPB complaints does WATERSTONE MORTGAGE CORPORATION have?

WATERSTONE MORTGAGE CORPORATION has received 50 consumer complaints filed with the Consumer Financial Protection Bureau.

Does WATERSTONE MORTGAGE CORPORATION respond to complaints on time?

WATERSTONE MORTGAGE CORPORATION has a 100% timely response rate to CFPB complaints.

What is the most common complaint about WATERSTONE MORTGAGE CORPORATION?

The most common issue reported against WATERSTONE MORTGAGE CORPORATION is "Applying for a mortgage or refinancing an existing mortgage" in the "Mortgage" product category.

Related