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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 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 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 clears one penalty but remains under ‘close scrutiny’ by regulators
Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by federal regulators, the bank said.
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
4d
on MSN
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 ...
American Banker
4d
Wells Fargo exits consent order. Is more regulatory progress coming?
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 ...
3d
Wells Fargo (WFC) Moves Closer to Having Asset Cap Lifted
U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...
Winston-Salem Journal
4d
Wells Fargo gains termination of seventh federal regulatory consent order
Wells Fargo & Co. said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to ...
1d
Wells Fargo raised Charlie Scharf’s pay to $31.2M in 2024
The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...
Jefferson Public Radio
10h
Trump fires chief of the federal consumer watchdog agency
Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while ...
MarketWatch
4d
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed -- Update
Wells
Fargo
said Tuesday that its 2022 consent order with the
Consumer
Financial
Protection
Bureau
relating to auto lending,
consumer
deposit accounts and mortgage lending has closed. In ...
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