The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.

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

Just last week, a 2022 Consumer Financial Protection Bureau consent order was terminated. In that case, Wells Fargo was ordered to pay nearly $4 billion for “widespread mismanagement” of its ...

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

Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...

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 ...

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

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.

On January 30, 2025, the Consumer Financial Protection Bureau (CFPB) announced  that it had entered into a consent order with an ...

BREAKING: Patelco Credit Union agreed to new terms with California regulators and must pay a fine connected to last year's cyberattack.

For non-personal use or to order multiple copies ... leading to billions of dollars in financial harm. The agency alleged that the bank had improperly denied mortgage loan modifications ...

Wells Fargo (WFC) confirmed that the Federal Reserve Board of Governors terminated two consent orders: a 2011 consent order regarding the ...