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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.
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed.In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines,
Wells Fargo released from 2022 CFPB consent order
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit account services.
21h
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 ...
ConsumerAffairs
1h
The Consumer Financial Protection Bureau reports renters are still struggling
Recent data show the average rent has gone down over the last few months but that doesn’t necessarily mean all renters are ...
bankingdive
1d
Ousting the CFPB’s Chopra wasn’t a ‘day one’ priority
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t ...
5d
on MSN
CFPB head braces for a potential dismissal after Trump’s return
Chopra remains one of the more important regulators from the Biden administration who's still on the job as Trump cleans ...
2d
How to Submit a Complaint to the CFPB
The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card ...
1d
on MSN
Abolish the CFPB
This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.
JD Supra
19h
CFPB rescinds previous opinion regarding how one EWA product was not a “loan”
On January 15, the CFPB issued an advisory opinion rescinding its 2020 advisory opinion on earned wage access (EWA) products. As previously covered ...
18h
CFPB Cancels Job Offers for Law School Grads Amid Trump Freeze
The Consumer Financial Protection Bureau rescinded 35 job offers, including for law school graduates looking to enter public ...
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Trump
Wells Fargo
Consumer Financial Protection Bureau
Rohit Chopra
Office of the Comptroller of the Currency
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