Wells Fargo hit with $1B fine for mortgage, auto lending abuses
It's the first fine that controversial CFPB head Mick Mulvaney has imposed since he took over the bureau in late November......»»
Reports: Wells Fargo to be fined $1B as early as Friday
The New York Times and other news outlets are reporting that federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses......»»
Wells Fargo faces $1 billion fine from loan abuses
(Reuters) - Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results......»»
Wells Fargo faces $1-bn fine from regulators for auto, mortgage loan issues
(Reuters) - Wells Fargo & Co has been offered a penalty of $1 billion by regulators to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said on Friday......»»
Wells Fargo faces $1 billion fine to settle loan abuses
Regulators have offered Wells Fargo & Co a penalty of $1 billion to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said in its first quarter results on Friday......»»
Wells Fargo faces $1 billion fine to settle loan abuses
(Reuters) - Regulators have offered Wells Fargo & Co a penalty of $1 billion to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said in its first quarter results on Friday......»»
Wells Fargo fine of up to $1B said weighed by Mulvaney
The lender is faulted for auto insurance and mortgage lending abuses......»»
Report: Wells Fargo faces federal fine of up to $1 billion for alleged consumer abuses
Wells Fargo & Co. will be subject to a record fine as high as $1 billion for auto insurance and mortgage lending abuses, according to a report from Reuters. Citing what it says are three sources familiar with this situation, the news service said .....»»
Feds seek record fine against Wells Fargo for abuses
The U.S. consumer watchdog is seeking a record fine against Wells Fargo & Co for auto insurance and mortgage lending abuses that could exceed several hundred million dollars, according to three sources with knowledge of the plans......»»
Feds seek record fine against Wells Fargo for abuses
The U.S. consumer watchdog is seeking a record fine against Wells Fargo & Co for auto insurance and mortgage lending abuses that could exceed several hundred million dollars, according to three sources with knowledge of the plans......»»
CFPB Planning Record Fine Against Wells Fargo For Mortgage Lending, Auto Insurance Abuses
President Donald Trump has apparently kept his promise that the Consumer Financial Protection Bureau, under the leadership of OMB Director Mick Mu.....»»
Wells Fargo fined $1B for mortgage, auto lending abuses
Wells Fargo is being fined a combined $1 billion by two federal regulators for abuses tied to its mortgage and auto lending businesses......»»
Wells Fargo to pay $1 billion fine
Wells Fargo agreed to pay $1 billion in penalties to settle a probe into abuses at its auto and mortgage businesses. Fred Katayama reports......»»
Wells Fargo to pay $1 billion in fines over auto, mortgage lending abuses
Federal regulators slapped Wells Fargo & Co. wi.....»»
Wells Fargo faces $1B fine from federal regulators over mortgage, auto loan abuses
The bank disclosed it is in settlement talks with regulators. Wells Fargo's first-quarter results, report.....»»
Wells Fargo reportedly facing huge fine for mortgage lending and auto insurance problems
Wells Fargo & Co. could face fines of sever.....»»
Wells Fargo close to roughly $3 billion settlement that would end probes into sales practices
Brendan McDermid/Reuters Wells Fargo is nearing a deal with federal prosecutors that would settle a years-long investigation into the bank's sales practices in its banking, auto lending, and mortgage divisions, The New York Times reported. .....»»
CBJ Morning Buzz: Wells Fargo said to be nearing settlement with feds; New stores at Concord Mills; Feud erupts between NoDa artists, business
A settlement could be revealed soon involving Wells Fargo & Co. and federal authorities looking into abusive practices in the company's banking, auto-lending and mortgage businesses, according to a report from The New York Times. The newspaper n.....»»
Wells Fargo hit with record $1 billion fine
Wells Fargo agreed Friday to pay a record fine of $1 billion imposed by two U.S. regulators for abuses tied to auto insurance and home mortgages......»»
Wells Fargo agrees to pay $1 billion to settle customer abuses
(Reuters) - Wells Fargo & Co has agreed to pay $1 billion in penalties to federal regulators to settle a probe into abuses at its auto and mortgage businesses, the bank and regulators said on Friday, confirming an earlier Reuters report......»»
CFPB Fines Wells Fargo $1 Billion
Wells Fargo & Co (NYSE: WFC) has agreed to pay a $1-billion fine to the government related to abusive lending and auto insurance practices. read more.....»»