Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...
The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago ...
The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
The two orders were imposed in 2011 due to deficiencies in the bank's legacy mortgage servicing business and Wells Fargo Financial unit. The Federal Reserve has ended two more consent orders ...
Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered ...