consent orders wells fargo

Federal Reserve ends 2 Wells Fargo consent orders

Wells Fargo Confirms Termination of Two Longstanding Federal Reserve Consent Orders

Wells Fargo & Company (NYSE: WFC) today confirmed that the Federal Reserve Board of Governors terminated two longstanding consent orders: a 2011 consent order regarding the company’s legacy mortgage servicing activities and a 2011 consent order regarding its legacy Wells Fargo Financial business.

The Charlotte Observer on MSN · 1d

Two more Wells Fargo federal consent orders terminated. But growth cap remains for now

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.

Hosted on MSN · 8d

Wells Fargo Clears a CFPB Consent Order. ‘Serious Issues’ Remain, Agency Says.

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

1don MSN

Wells Fargo clears another postscandal regulatory hurdle — but more remain

The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...

Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...

Wells Fargo Shares Are Up Today: What's Going On?

Wells Fargo Inc. (NYSE: WFC) shares are trading higher Tuesday after the Federal Reserve Board terminated two longstanding ...

American Banker1d

Wells Fargo freed from a pair of 13-year-old consent orders

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.

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