Wells Fargo federal consent order over ‘mismanagement’ of mortgage, other accounts ends
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Wells Fargo's Regulatory Burden Eases Further as CFPB Terminates 2022 Punishment
(Reuters) -Wells Fargo said on Tuesday a U.S. regulator has terminated a 2022 punishment, bringing it a step closer to having ...
Wells Fargo Is Well-Positioned for the Upcoming Year; We're Increasing FVE to $65
We are increasing our fair value estimate for Wells Fargo to $65 per share from $60 per share after incorporating the latest results. This fair value estimate is equivalent to 1.6 times the reported ...
Wells Fargo clears one penalty but remains under ‘close scrutiny’ by regulators
Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by ...
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.
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Coconut Creek Woman Hands $30,000 in Cash to Fraudsters Who Showed Up at Her Door Posing as Bank Employees
A woman in Coconut Creek thought she was protecting her money from fraud. Instead, she lost $30,000 to con artists who came ...
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Citizens Against Government Waste Names CFPB Director Rohit Chopra January 2025 Porker of the Month
Today, Citizens Against Government Waste (CAGW) named Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra its January 2025 Porker of the Month for abusing his power and failing to ...
Wells Fargo Bank agrees to pay $1.1 million to resolve claims in Chris Pettit bankruptcies
The bank has agreed to pay slightly more than $1.1 million to trustee Eric Terry to resolve claims against it.
Pro-Crypto Policies Surge As Banks Lag—Here’s How They Can Catch Up
Explore how pro-crypto policies are evolving, why banks are playing catch-up, and key strategies to get ahead in the digital ...
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5 ways to protect your bank account from identity theft
Vivian Thornton received quite a shock when she logged onto her bank account and noticed an unfamiliar debit charge for concert tickets totaling more than $2,000. In fact, the hefty ...
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Best brick-and-mortar checking accounts of February 2025
Wells Fargo Everyday Checking Note: Most brick-and-mortar banks require you to enter your zip code online for the correct account offerings, and in some cases, you might not be able to open an ...