The consent order had followed up on a prior OCC action from 2018 that addressed similar problems at the bank. In 2021, Wells was hit with a $250 million civil money penalty for what the OCC called ...

We remain focused and confident in our ability to complete the work required in our remaining consent orders, while building ...

The Consumer Financial Protection Bureau (CFPB) has terminated its 2022 consent order against Wells Fargo related to ...

In this episode of Payments Pros, host Carlin McCrory discusses a recent consent order between Patriot Bank and the Office of the Comptroller of ...

Consent orders—legally binding agreements between financial institutions and regulators—often mandate sweeping operational changes. These changes impact areas like fraud prevention ...

In January, the Consumer Financial Protection Bureau closed ... that we will complete the work required in our remaining consent orders," Scharf said. category Paramount Global, Skydance Media ...

The 2011 consent orders he referenced – one concerning Wells’ legacy mortgage servicing activities; the other touching its legacy Wells Fargo Financial business – were terminated in February.

Bank says 11 consent orders against it have been ... those related to compliance risk management and an order from the Consumer Financial Protection Bureau from 2022, which accused it of ...

Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation issues in its home-lending business, marking the latest such order to be lifted from ...

In January 2025, WFC’s 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer deposit accounts and mortgage lending was terminated.