Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
The 2018 consent order issued by the OCC identified deficiencies in the bank’s enterprise-wide compliance risk management ...
Wells Fargo had also unfairly charged customers overdraft fees when sufficient funds were available, the CFPB said as part of its order in 2022. Wells Fargo said that the closed 2022 order marked ...
Turmoil at the agency could harm not only consumers but also small state-chartered banks, as their bigger rivals gain ...
The executive appointments at the Consumer Financial Protection Bureau top the list of noteworthy moves by President Donald ...
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...
Nearly two dozen states and the District of Columbia are asking a federal judge to issue an injunction blocking the Trump ...
“There’s all sorts of fraud and abuse that targets people in our country,” Chopra said, naming lawsuits it has filed against ...
The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...
Wells Fargo: Ordered to return over $2 billion to harmed consumers and pay a $1.7 billion fine for violating laws in several product lines including auto loans and mortgages. The CFPB found Wells ...