In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

A luxury building in Boerum Hill is in danger of being unloaded to the highest bidder.

Wells Fargo filed a foreclosure lawsuit against CAC Atlantic LLC and its guarantors over a $60 million commercial mortgage on a property at 241 Atlantic Avenue in Brooklyn. The owners, Cayre Group and ...

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 ...

This consent order required Wells Fargo to make “significant revisions” to residential mortgage servicing and foreclosure processing practices. July 2011: Wells Fargo was fined $85 million ...

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.

Shares of Wells Fargo (NYSE: NYSE: WFC) climbed 1.3% as the Federal Reserve Board announced the termination of two enforcement actions against the bank. The actions, dating back to 2011, were related ...

Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...