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Capitol Report: Here’s what Wells Fargo did to trigger a $1 billion fine

Unlike many of the scandals that have triggered billion-dollar penalties, the problems that triggered a 10-figure federal government settlement for Wells Fargo don’t appear to have colorful emails or trader messages describing bad behavior......»»

Category: topSource: marketwatchApr 20th, 2018

Wells Fargo Agrees To Pay Record $1BN Fine In Settlement With Mulvaney"s CFPB

As was widely expected, Wells Fargo announced today that it has agreed to pay a $1 billion fine to the Office of the C.....»»

Category: blogSource: zerohedgeApr 20th, 2018

Wells Fargo fined $1 billion for insurance and mortgage abuses

Two federal regulators are fining Wells Fargo $1 billion for forcing customers into car insurance and charging mortgage borrowers unfair fees......»»

Category: topSource: cnnApr 20th, 2018

Wells Fargo to be slapped with $1 billion penalty by regulators, report says

Regulators set to announce a $1 billion penalty on Wells Fargo Friday for improper mortgage fees and charging unwitting customers for au.....»»

Category: topSource: usatodayApr 19th, 2018

U.S. to fine Wells Fargo $1 billion — the most aggressive bank penalty of the Trump era

The anticipated action involves the megabank’s treatment of car loans and mortgages......»»

Category: topSource: washpostApr 19th, 2018

Wells Fargo said to be target of $1 billion US fine

Two federal regulators are expected to penalize the bank for its alleged misconduct, people familiar with the action said......»»

Category: topSource: moneycentralApr 19th, 2018

Wells Fargo said to be target of $1 billion US fine

Two federal regulators are expected to penalize the bank for its alleged misconduct, people familiar with the action said......»»

Category: topSource: moneycentralApr 19th, 2018

Wells Fargo nears $1 billion settlement for loan abuses: source

(Reuters) - Wells Fargo & Co is close to settling a record fine of $1 billion imposed by two U.S. regulators for its risk management business, a source familiar with the matter told Reuters on Thursday......»»

Category: topSource: reutersApr 19th, 2018

"Biggest Fine Ever": Wells Fargo To Announce $1BN Settlement On "Risk Management"

In a story that sounds suspiciously similar to another report published by Reuters roughly two weeks ago, the Wall Street Journal said Thursday that Wells Fargo is nearing a $1 billion settlement on its risk manag.....»»

Category: blogSource: zerohedgeApr 19th, 2018

Wells Fargo said to be target of $1 billion U.S. fine

Two federal regulators are expected to penalize the bank for its alleged misconduct, people familiar with the action said......»»

Category: topSource: moneycentralApr 19th, 2018

Wells Fargo said to be target of $1 billion U.S. fine

Two federal regulators are expected to penalize the bank for its alleged misconduct, people familiar with the action said......»»

Category: topSource: moneycentralApr 19th, 2018

Wells Fargo will be fined $1 billion

Two federal regulators are close to fining Wells Fargo $1 billion for forcing customers into car insurance and charging mortgage borrowers unfair fees......»»

Category: topSource: moneyApr 19th, 2018

Wells Fargo Says It Faces a $1 Billion Fine Over Its Loan Scandals

Wells Fargo Says It Faces a $1 Billion Fine Over Its Loan Scandals.....»»

Category: topSource: timeApr 13th, 2018

A consumer watchdog reportedly wants to fine Wells Fargo a record $1 billion for its lending abuses

Richard Drew/AP Images The Consumer Financial Protection Bureau wants to fine Wells Fargo for lending abuses. The fine could reach a record $1 billio.....»»

Category: topSource: businessinsiderApr 9th, 2018

CFPB may fine Wells Fargo as much as $1 billion: report

The Consumer Financial Protection Bureau may fine Wells Fargo several hundred million dollars and as much as $1 bil.....»»

Category: topSource: marketwatchApr 9th, 2018

Will A $1 Billion Fine Change Wells Fargo?

Will A $1 Billion Fine Change Wells Fargo?.....»»

Category: blogSource: valuewalkApr 30th, 2018

RBS to pay $4.9 billion to settle U.S. claims it sold risky mortgage bonds, half of what was expected

If HSBC Holdings, UBS Group and Wells Fargo & Co. w.....»»

Category: topSource: latimesMay 10th, 2018

Aventura Mall refinanced for $1.75 billion

The Aventura Mall refinance its mortgage at $1.75 billion. Buchanan Ingersoll & Rooney PC said it represented mall owners Turnberry Associates and Simon Property Group (NYSE: SPG) in obtaining the loan from JPMorgan Chase Bank, Wells Fargo Bank, D.....»»

Category: topSource: bizjournalsJun 14th, 2018

Wells Fargo to pay $2.09 billion to settle probe into crisis-era mortgage abuses

Wells Fargo & Co. has agreed to pay $2.09 bil.....»»

Category: topSource: latimesAug 1st, 2018

Wells Fargo to pay $2.09 billion in DoJ settlement over crisis-era mortgage loans

The U.S. Justice Department said Wednesday that Wells Fargo & Co. has agreed to pay $2.09 billion in a settlement over the sale of crisis-era mortgage loans. The bank originated and sold residential mortgage loans that it knew co.....»»

Category: topSource: marketwatchAug 1st, 2018