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Federal Reserve ends 2 Wells Fargo consent orders

Fed Ends Two Wells Fargo Orders Tied to Mortgage Practices

The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago, the central bank said Tuesday.

bankingdive · 1d

Fed terminates 2 Wells Fargo consent orders

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and five remain, the bank said.

The Charlotte Observer on MSN · 1d

Two more Wells Fargo federal consent orders terminated. But growth cap remains for now

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.

1don MSN

Wells Fargo clears another postscandal regulatory hurdle — but more remain

The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...

National Mortgage News1d

Wells Fargo freed from a pair of 13-year-old consent orders

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

bankingdive8d

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 ...

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Federal Reserve ends 2 Wells Fargo consent orders

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