Wells Fargo Clears a CFPB Consent Order. ‘Serious Issues’ Remain, Agency Says.
The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending had closed.
Wells Fargo’s 2022 CFPB Consent Order Terminates
Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer deposit accounts, and mortgage lending has terminated.
Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the $1.
Wells Fargo ends 2022 CFPB consent order
Wells Fargo has ended a 2022 consent order with the Consumer Financial Protection Bureau that targeted the bank’s auto loan practices
Wells Fargo released from 2022 CFPB consent order
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit account services.
Wells Fargo announces termination of 2022 CFPB consent order
Wells Fargo (WFC) announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer
Wells Fargo federal consent order ends. It covered mortgage, other account ‘mismanagement’
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Wise to Pay $2.5 Million in CFPB Remittance Fee Settlement
Global cross-border payments company Wise Plc agreed to a $2.5 million settlement with the Consumer Financial Protection ...
JD Supra2d
CFPB, National Collegiate Student Loan Trusts resolve case that Supreme Court declined to consider
The CFPB and the National Collegiate Student Loan Trusts—a group of fifteen securitization trusts that acquire, pool, and securitize ...
Financial Advisor IQ2d
Wells Sheds Another Consent Order but Asset Cap Remains in Place
Wells Fargo said on Tuesday that it has passed a major hurdle toward lifting the $1.95 trillion asset cap imposed on the bank ...
Wells Fargo concludes 2022 consent order with regulator
Company (NYSE: WFC) announced today that it has successfully closed a consent order issued by the Consumer Financial Protection Bureau (CFPB) in 2022. The order, which pertained to the bank's ...
bankingdive4d
Ousting the CFPB’s Chopra wasn’t a ‘day one’ priority
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t ...