In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...
Wells Fargo (NMLS #399801), one of the biggest financial services companies in the country, provides home purchase and refinance loans in all 50 states. You can check rates online and then apply ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
The overall health of the American consumer is generally strong, said Wells Fargo Chief Financial Officer Mike Santomassimo ... expects modest growth in its loan portfolio in 2025, according ...
(Reuters) -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 it a step closer ...
Wells Fargo ... some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had improperly denied mortgage loan modifications ...
(Bloomberg) -- A venture between Wells Fargo & Co. and Centerbridge Partners dedicated to direct lending has arranged ... It’s focused on making senior secured loans to non-sponsor-backed ...
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