The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss mitigation practices in its home lending business.
It is 11th consent order closed by Wells Fargo’s regulators since 2019, including five so far this year.It is unclear how many remain consent orders, including with the Federal Reserve, ...
(Reuters) - Wells Fargo said on Monday the U.S. Office of the Comptroller of the Currency (OCC) has terminated a 2021 consent ...
In January 2024, the bank was freed from a 2022 consent order with the CFPB. Fixing compliance problems has been the top priority for Wells Fargo under Scharf’s leadership, who became the bank ...
Wells Fargo said that a 2021 OCC consent order over its loss mitigation posture has been terminated, calling the move a validation.
Bank says 11 consent orders against it have been closed by regulators since 2019 Wells Fargo & Co. on Monday said ... Financial Protection Bureau from 2022, which accused it of violations in ...
OCC terminates 2021 loss mitigation consent order Wells Fargo inches closer to ending decade ... the Consumer Financial Protection Bureau closed a 2022 order over alleged mishandling of auto ...
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