Wells Fargo & Company’s WFC 2021 consent order related to related to loss mitigation practices in its Home Lending business ...

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 ...

Wells Fargo said that a 2021 OCC consent order over its loss mitigation posture has been terminated, calling the move a validation.

The Office of OCC litigated that WFC had not met the requirements of a 2018 consent order when the regulator ordered the bank to pay back customers who were charged excessive or improper fees.