WASHINGTON—The Office of the Comptroller of the Currency (OCC) today assessed a $250 million civil money penalty against Wells Fargo Bank, N.A, of Sioux Falls, S.D., based on the bank’s unsafe or unsound practices related to deficiencies in its home lending loss mitigation program and violations of the 2018 Compliance Consent Order.
More Stories
Happy Birthday CUCollector! Seventeen Years… Where Did the Time Go?
One Face. Sixteen Identities. $476,000 in Fraudulent Auto Loans
Did the CFPB Accidentally Create the Credit Washing Industry?
Q1 2026 Credit Union Auto Loan Delinquency – Déjà Vu All Over Again
$95 Million Missing: Rolexes, Teslas, a Honduras Home, and a Credit Union CEO’s Fall From Grace
Identity Theft, Fake Pay Stubs, and Nearly $69,000 in Fraudulent Loans