Mortgage rates are unlikely to see major drops any time soon, as economic markets wait to see what comes of the Trump ...

With the 2024 election behind us and the 119th Congress now in session, the political climate has created an opportunity for meaningful ...

In its 14 years, the CFPB has created rules limiting credit card late fees and overdraft penalties, protected consumers from ...

Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, executives said.

Fannie Mae and Freddie Mac, the two government-sponsored enterprises that underpin the U.S. mortgage market, have been under ...

Just as Elon Musk's X pushes into financial services, the agency responsible for protecting citizens from such companies is ...

Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

While experts say a pause of CFPB actions is nothing to worry about, they are concerned about a potential lack of federal ...

At last check, Wells Fargo stock was up 13% so far in 2025 - ahead of gains of 6.6% for Bank of America Corp. (BAC), 9.1% for Morgan Stanley (MS), 10.9% for Goldman Sachs Group Inc. (GS), 11.6% for ...

The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.