Dec 20, 2022 · CFPB is ordering Wells Fargo Bank to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations across several of its largest …

3 days ago · About Wells Fargo. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of …

2 days ago · 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 …

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.

2 days ago · SAN FRANCISCO, January 28, 2025--Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related …

3 days ago · Wells Fargo had implemented fixes since 2020, but the CFPB moved forward with issuing a consent order under the Consumer Financial Protection Act, the bureau said. Seven …

Dec 20, 2022 · CFPB Orders Wells Fargo to Pay $3.7 Billion for Widespread Mismanagement of Auto Loans, Mortgages, and Deposit Accounts. Prepared Remarks of CFPB Director Rohit …

Jan 17, 2023 · The CFPB’s enforcement action against Wells Fargo requires them to pay more than $2 billion to customers harmed between 2011 and 2022. Wells Fargo is required to have …

Dec 20, 2022 · Current leadership has made significant progress to transform Wells Fargo; in fact, the CFPB recognized that since 2020, the company has accelerated corrective actions and …

Dec 20, 2022 · Going forward, Wells Fargo has been ordered by the CFPB to make sure auto loan borrowers receive refunds for certain add-on fees and to stop charging bank account …