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The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
The Department of Justice is seeking to terminate a Biden-era lending discrimination settlement with Lakeland Bank. Last ...
A federal district court recently granted the unopposed motion of the Department of Justice (DOJ) and the Consumer Financial Protection Bureau ...
The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...
A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells ...
The megabank, which has spent years trying to improve its regulatory compliance, now has just one consent order remaining.
The move by the U.S. Office of the Comptroller of the Currency marks the thirteenth enforcement action, known as a consent ...
This marks the thirteenth consent order closed by Wells Fargo's regulators since 2019 and the seventh since the beginning of ...
Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have ...
The bank reported in a regulatory filing Monday the OCC consent order was instituted in 2021 related to loss-mitigation practices in its Home Lending business. It is 11th consent order closed by ...
Details of WFC’s 2021 Consent Order by OCC In 2021, OCC levied a $250-million fine on Wells Fargo related to the bank's home lending loss mitigation program and for failing to meet the ...
We remain confident that we will complete the work required in our remaining consent orders.” In the original 2021 order, handed down early in the Biden administration, OCC said Wells Fargo ...
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