While a single fee consent form was one of the wins from the first tranche of DBFO reforms, the FAAA is “not happy with where ...
WFC's 2021 consent order related to loss mitigation practices is terminated by OCC. This marks the 11th consent order closed ...
Wells Fargo said that a 2021 OCC consent order over its loss mitigation posture has been terminated, calling the move a validation.
The consent order, which was announced in December 2022, included a $3.7 billion fine and required Wells Fargo to end the practice of surprise overdraft fees or fees for deposit accounts when the ...
A top U.S. banking regulator terminated a 2021 consent order against Wells Fargo for deficiencies in its home lending loss ...
We expect continued scrutiny by regulators on fees, including enforcement actions and rulemakings, with the caveat that the new administration ...