Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
“Wells Fargo is a repeat offender that continues to have serious issues,” the CFPB said in a statement to The Charlotte ... for repeated auto lending, mortgage and account deposit practices ...
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.
Wells Fargo & Company (NYSE: WFC) today confirmed that the Federal Reserve Board of Governors terminated two longstanding ...