Under the order, Wells was barred from acquiring third-party residential mortgage servicing or transferring borrowers out of its loan servicing portfolio until remediation had been provided. The ...

The consent order, which was announced in December 2022 ... have been working systematically to change and provide customer ...

The Federal Reserve Board on Friday announced its approval of the application by Capital One Financial Corporation, of McLean ...

“While the removal of one consent order does not materially impact our financial expectations, this is a positive development,” David Long, an analyst at Raymond James, wrote in a report to ...

The bank made the announcement on Monday, saying it was the “eleventh consent order closed by Wells Fargo’s regulators since 2019.” Wells Fargo CEO Charlie Scharf shared the company’s ...