This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.
The CFPB consent order said the San Francisco-based lender ... Wells also allegedly denied mortgage loans to certain ...
This marks the seventh consent order closed by Wells Fargo's regulators since 2019, the U.S. banking giant said. Wells ...
The CFPB isn't just unaccountable—it's practically ... ultimately pushing these borrowers toward non-qualified mortgage loans and higher rates. Then there's the agency's crackdown on credit ...
I know where to go when this Commentary writing gig grows stale. Wanna make 30 clams an hour? Costco’s hiring! (Remember when ...
Wells Fargo said on Tuesday that it has passed a major hurdle toward lifting the $1.95 trillion asset cap imposed on the bank ...
It also said the lender denied mortgage loan modifications to qualified borrowers and improperly ... have serious issues," a spokesperson for the CFPB said in an emailed statement to Reuters.
Starting Friday, it will be a little bit harder to get a home mortgage. Or more precisely, banks and lenders will have to work a little bit harder to make sure borrowers can afford to buy a house ...