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Wells Fargo confirms termination of 2 Fed consent orders

The Charlotte Observer on MSN · 2d

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.

YAHOO!Finance · 2d

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.

Seeking Alpha on MSN · 2d

Wells Fargo confirms termination of two Fed consent orders

Wells Fargo (NYSE:WFC), which has been working for years to resolve a string of regulatory issues, confirmed on Tuesday that the Federal Reserve terminated two longstanding consent orders — a 2011 consent order regarding its legacy servicing activities and a 2011 consent order regarding its Wells Fargo Financial businesses.

9don MSN

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.

9d

Wells Fargo exits consent order. Is more regulatory progress coming?

Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...

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 ...

7d

Trump executive orders hurt Jackson water, sewer? 'You can never be certain,' Henifin says

Jackson received $600 million in federal funds to repair the city's water system. Will a recent executive order impact those ...

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