‘Widespread Mismanagement’ Caused Wells Fargo’s $3.7B CFPB Action
The Consumer Financial Protection Bureau (CFPB) has ordered Wells Fargo Bank to pay a total of $3.7 billion stemming from “widespread mismanagement” of its auto loans, mortgages, and deposit accounts, the CFPB announced. “Between at least 2011 and 2022, consumers were illegally assessed fees and interest charges on auto and Read More