Clinton weighs in on ‘deeply disturbing’ Wells Fargo scandal, vows to protect CFPB

Clinton weighs in on ‘deeply disturbing’ Wells Fargo scandal, vows to protect CFPB CFPB consumer complaint database about to hit 1 million complaints Posted on September 21, 2016 | Leave a comment

CFPB Is Probing Wells Fargo’s Mortgage Practices. In a sign of its escalating scope and seriousness, Wells Fargo let three top mortgages executives go last week, including Greg Gwizdz, a 25-year veteran of the bank who most recently was the head of its retail sales division. gwizdz oversaw the bank’s more than 7,900 loan officers.

"The CFPB settled for less than 1% of what Wells Fargo should have paid for its fake-accounts scandal, a newly revealed memo indicates". "CFPB botched Wells Fargo settlement, GOP leaders say.

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Wells Fargo has become engulfed in a scandal over phantom accounts. Employees created as many as 2m secret credit cards and bank accounts. Alistair Gray explores the fall-out as investors.

Every morning national dailies carry disturbing news of rapid changes in. her because of her weight issues and the. to Bill and Hillary Clinton..

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"The Wells Fargo board is ultimately responsible for that failure, and the Federal Reserve should remove board members who served during that time period." Democrats had already been using the Wells scandal as a talking point to battle back against efforts to repeal the CFPB arbitration rule.

Clinton vows to ‘protect’ Wells Fargo customers after allegations it opened fake accounts to meet sales targets (but they did also pay Bill $200,000) In a letter, Clinton said she was ‘deeply.

– The Consumer Financial Protection Bureau (CFPB) has taken action against a former Wells Fargo employee for an illegal mortgage fee-shifting scheme. The CFPB found that David Eghbali referred a substantial number of loan closings to a single escrow company, which shifted its fees from some customers to others at Eghbali’s request.

2019-09-07  · Yardeni Research Yardeni Research. Menu. Home;. Wells Fargo to Pay States $575 Million to Settle Customer. Fed Weighs Wait-And-See Approach On Future.