The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...

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 ...

The agency had accused Wells Fargo of improperly denying mortgage loan modifications, miscalculating fees, unfairly freezing customer accounts and charging unfair overdraft fees. The order called ...

Wells Fargo ... some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had improperly denied mortgage loan modifications ...

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.

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the ...

(Reuters) -The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly ... It also said the lender denied mortgage loan modifications to qualified borrowers ...

and had payments to auto and mortgage loans misapplied by the bank, the 2022 CFPB order said. Wells Fargo also charged consumers “unlawful surprise overdraft fees” and applied incorrect ...

(Reuters) -The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling ... It also said the lender denied mortgage loan modifications to qualified ...