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Wells Fargo, CFPB and Consent Order
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
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.
Wells Fargo Says CFPB's 2022 Consent Order Terminated
(Reuters) - Wells Fargo said on Tuesday its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer deposit accounts and mortgage lending has been terminated. This marks the seventh consent order closed by Wells Fargo's regulators since 2019, the U.S. banking giant said.
Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
Wells Fargo said on Tuesday a U.S. regulator has terminated a 2022 punishment, bringing it a step closer to having the $1.95 trillion asset cap imposed on the bank removed. The consent order imposed by the U.
Wells Fargo federal consent order over ‘mismanagement’ of mortgage, other accounts ends
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
18h
on MSN
Abolish the CFPB
This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.
bankingdive
23h
Ousting the CFPB’s Chopra wasn’t a ‘day one’ priority
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t ...
1d
How to Submit a Complaint to the CFPB
The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card ...
4d
on MSN
CFPB Director Rohit Chopra on future of agency: The work of the bureau is extremely popular
Consumer Financial Protection Bureau Director Rohit Chopra joins 'Squawk Box' to discuss why he continues to be employed at ...
4d
on MSN
CFPB head braces for a potential dismissal after Trump’s return
Chopra remains one of the more important regulators from the Biden administration who's still on the job as Trump cleans ...
JD Supra
19h
Home equity contracts: The CFPB weighs in
If there was any doubt about how the Consumer Financial Protection Bureau (“CFPB”) (under current leadership) feels about what it calls “home ...
NerdWallet
10d
What Is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
AOL
7d
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
As the Trump administration prepared to take power in Washington, D.C., the
Consumer
Financial
Protection
Bureau
(
CFPB
) wasted no time. In the two months leading up to the inauguration ...
JD Supra
20h
CFPB Releases Report on Auto Repossessions
As discussed here, in February 2023, the Consumer Financial Protection Bureau (CFPB or Bureau) launched the auto finance data pilot and issued ...
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