NEW YORK -- Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in a wide-ranging scandal at the banking giant.
The Consumer Financial Protection Bureau on Tuesday said it is requiring Wells Fargo & Co. to pay $3.7 billion as a result of alleged widespread mismanagement of auto loans, mortgages and deposit ...
Federal regulators ordered Wells Fargo to pay $3.7 billion in fines and refunds to customers, marking the largest fine to date against the nation's third largest bank. The fines come after the ...
Wells Fargo will pay $3.7 billion over “illegal conduct” that led to billions of dollars in financial harm to its customers and caused thousands to lose their homes and vehicles, federal authorities ...
Wells Fargo has come to a $300 million settlement with shareholders who claim in a class action lawsuit that the bank forced unneeded insurance policies on thousands of customers and concealed the ...
The Consumer Financial Protection Bureau filed proceedings against the financial giant for “breaking federal consumer protection laws that apply to financial products,” and the bank has now finalized ...
Feb 7 (Reuters) - Wells Fargo & Co (WFC.N), opens new tab agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it had pushed unnecessary insurance on auto loan ...
Imagine keeping up with your Wells Fargo car loan payment every month -- but having your vehicle repossessed anyway. That's exactly what Samir Hanef said happened to him. "My car was held as extortion ...
Volkswagen will cease to write U.S. Audi and VW loans through its in-house captive finance company, Volkswagen Financial Services, and instead send that business to Wells Fargo starting in April.
Wells Fargo has agreed to a $3.7 billion deal with regulators to settle charges that it took advantage of customers on their auto loans, mortgages and bank accounts. The Consumer Financial Protection ...
SAN FRANCISCO — As part of its anticipated merger with Wachovia, Wells Fargo confirmed that 53 employees at its auto loan center in Tempe, Ariz., were cut. As earlier reported by SubPrime Auto Finance ...
Though the rankings were shuffled a bit, the same 10 lenders from 2020 led their peers in new-car-loan market share last year, according to Experian data. In the used-vehicle market, Carvana shot up ...