Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending had closed.
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 deposit accounts.
Wells Fargo announces termination of 2022 CFPB consent order
Wells Fargo (WFC) announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer
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 gains termination of seventh federal regulatory consent order
Wells Fargo & Co. said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to automobile lending, consumer deposit accounts, and mortgage lending products and services.
Wells Fargo's 2022 consent order with CFPB ends
Wells Fargo announced on Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau (CFPB) has been terminated. The consent order was related to the bank's practices in automobile lending,
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
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Late rent payments suggest increased financial distress among consumers
The Consumer Financial Protection Bureau (CFPB) finds that renters are continuing to have a hard time paying their rent on ...
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CashApp Customers Could Get a Refund for Fraud Protection Failures After CFPB Ruling
The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...
CFPB Director Rohit Chopra on future of agency: The work of the bureau is extremely popular
Consumer Financial Protection Bureau Director Rohit Chopra joins 'Squawk Box' to discuss why he continues to be employed at ...
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The Trump administration could roll back key consumer protections; advocates are monitoring
While there have been some consumer wins during Biden’s tenure, there are some rules that are tied up in court. Advocates are ...
America's top consumer watchdog faces uncertain future as some Trump allies call to 'delete' the CFPB
Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency ...
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Consumer-Protection Federalism: The CFPB’s Latest Guidance
Just days before the inauguration, the Consumer Financial Protection Bureau (the CFPB) issued guidance to states in a report titled, ...
Rental households face growing financial struggles, CFPB reports indicate
Investing.com -- Today, the Consumer Financial Protection Bureau (CFPB) published two reports examining national rental payment data from September 2021 to November 2024. The reports highlight a ...
Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
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New Frontiers: CFPB Proposes Extending Consumer Protections to Other Digital Payment Mechanisms
In the waning days of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) on Jan. 10, 2025, issued a proposed interpretive ...
The head of a federal agency for consumers has packed up his office. But will Trump fire him?
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, ...