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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 Says CFPB Financial Harm Consent Order Has Closed
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 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines,
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's 2022 consent order with CFPB ends
Wells Fargo announced on Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau (CFPB) has been terminated. The consent order was related to the bank's practices in automobile lending,
Wells Fargo's 2022 CFPB Consent Order Terminates
Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer deposit accounts, and mortgage lending has terminated.
JD Supra
36m
2024 Payments Year in Review: CFPB and FTC Regulatory Trends – Part One — Payments Pros – The Payments Law Podcast
In the first installment of a four-part Payments Year in Review series, Keith Barnett, Carlin McCrory, and Josh McBeain ...
23h
Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
1d
on MSN
Abolish the CFPB
This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.
JD Supra
15m
CFPB Examinations Highlight Fair Lending Risks in Credit Scoring Models
Amid recent technological advances in artificial intelligence and machine learning, on January 17, 2025, the CFPB issued its Winter 2025 ...
bankingdive
2d
Ousting the CFPB’s Chopra wasn’t a ‘day one’ priority
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t ...
5d
on MSN
CFPB head braces for a potential dismissal after Trump’s return
Chopra remains one of the more important regulators from the Biden administration who's still on the job as Trump cleans ...
20h
CFPB Cancels Job Offers for Law School Grads Amid Trump Freeze
The Consumer Financial Protection Bureau rescinded 35 job offers, including for law school graduates looking to enter public ...
American Banker
18h
Sen. Tim Scott hints at 'imminent' CFPB director pick
S.C., said the Trump administration will make an 'imminent' announcement about the future of the Consumer Financial Protection Bureau director very shortly that "we will be happy" with.
ConsumerAffairs
3h
The Consumer Financial Protection Bureau reports renters are still struggling
Recent data show the average rent has gone down over the last few months but that doesn’t necessarily mean all renters are ...
2d
How to Submit a Complaint to the CFPB
The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card ...
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Related topics
Wells Fargo
Trump
Consumer Financial Protection Bureau
Rohit Chopra
Office of the Comptroller of the Currency
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