Self Employed on MSN16d
CFPB terminates 2022 consent order against Wells Fargo
T he Consumer Financial Protection Bureau (CFPB) has terminated its 2022 consent order against Wells Fargo related to automobile lending, consumer deposit accounts, and mortgage l ...
Wells Fargo sheds fourth consent order in a month
The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...
JD Supra8d
CFPB Orders Money Exchange Company to Pay $2.5 Million Over Remittance Practices
On January 30, 2025, the Consumer Financial Protection Bureau (CFPB) announced  that it had entered into a consent order with an ...
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.
JD Supra3d
Fintech reaches consent order with CFPB over regulatory violations, deceptive practices
On January 30, the CFPB issued a consent order against a fintech company that allows customers to send, receive and store remittances through a ...
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 deposit accounts.
Wells Fargo Says Fed Closes Two Longstanding Enforcement Actions Against It
The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...