The Consumer Financial Protection Bureau (CFPB) stands as a vital advocate for consumers navigating the complex financial ...
Wells Fargo ... CFPB remains outstanding. In 2018, the OCC mandated that Wells develop a plan to overhaul its compliance risk management systems, its insurance policies for car loans and fee practices ...
Before joining Wells Fargo, Moosally spent five years as U.S. general counsel for the Spain-based bank Santander. She was an ...
The order noted that the OCC's $500 million would be credited toward the CFPB's $1 billion fine. A Wells Fargo spokesperson said the $1 billion fine was paid in 2018, with adjustments made in the ...
WFC's 2018 consent order imposed on the bank in April 2018 is terminated. This marks the 10th consent order, which has been closed by regulators since 2019.
In 2022, the CFPB fined Wells Fargo $3.7 billion for widespread mismanagement of auto loans, mortgages and deposit accounts. Wells Fargo created millions of fraudulent savings and checking ...
The Consumer Financial Protection Bureau (CFPB) on Thursday dismissed its Biden-era lawsuit against Capital One that alleged the bank had cheated customers out of more than $2 billion in savings ...
Since acting director Russell Vought took over the CFPB in February, the agency has now dropped seven cases it brought under former President Joe Biden, including one against Capital One that alleged ...
One of the CFPB's rules last year capped credit card fees at $8, but a federal judge put it on hold after business lobbyists ...