Federal Reserve ends 2 Wells Fargo consent orders

Fed ends two regulatory punishments imposed on Wells Fargo in 2011
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but said the bank's asset cap remained in place. The enforcement actions were related to deficient practices in mortgage servicing and foreclosures by the bank,
Fed terminates 2 Wells Fargo consent orders
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and five remain, the bank said.
Federal Reserve Board Terminates Two Enforcement Actions Against Wells Fargo
The Federal Reserve Board announced the termination of two enforcement actions with Wells Fargo that were initiated in 2011. The
Wells Fargo Says Fed Closes Two Longstanding Enforcement Actions Against It
One pertained to deficient practices in Wells Fargo's residential mortgage loan servicing and foreclosure processing. The other was related to the mortgage lending practices of a former subsidiary, Wells Fargo Financial.
Wells Fargo Confirms Termination of Two Longstanding Federal Reserve Consent Orders
Wells Fargo & Company (NYSE: WFC) today confirmed that the Federal Reserve Board of Governors terminated two longstanding consent orders: a 2011 consent order regarding the company's legacy mortgage servicing activities and a 2011 consent order regarding its legacy Wells Fargo Financial business.
Wells Fargo clears another postscandal regulatory hurdle — but more remain
The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...
Fed Ends Two Wells Fargo Orders Tied to Mortgage Practices
The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago ...
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Wells Fargo freed from a pair of 13-year-old consent orders
The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.
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Committee Tasked With Developing Convention Center in Fargo Gets Go Ahead
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Rising egg prices forces Fargo bakery to rethink menu strategies
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Juvenile faces multiple charges after crashing into garage in south Fargo
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Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
Despite recommendation from city manager, retired West Fargo police chief will not head to Minot
MINOT, N.D. (Valley News Live) - Retired West Fargo Chief of Police Denis Otterness will not serve as Minot’s interim police ...
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Thieves target two Wells Fargo banks in Milwaukee County
Thieves targeted two Wells Fargo banks in Milwaukee County on Monday.
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Wells Fargo to close downtown Sioux Falls branch
After May 7th, banking services will no longer be available at Wells Fargo on North Phillips Avenue. In a statement to ...