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    It’s been nearly three years since Ocwen Financial agreed to offer $2 billion in consumer relief and pay up to $127.3 million to settle a Consumer Financial Protection Bureau investigation into its servicing practices. But it looks like Ocwen may not be done with the CFPB yet, as the company revealed Thursday that the bureau is currently investigating the company’s mortgage servicing practices, which could lead to a fine and/or other disciplinary action. Click the headline to read more.

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Wells Fargo deemed most charitable company in US

Wells Fargo

The study, conducted annually by the Chronicle of Philanthropy, found that Wells Fargo increased their corporate charitable donations by 50 percent, bringing the bank’s total donations to a whopping $315.8 million in 2012. Walmart’s donations sank by 9% from 2011 and totaled at $311.6 million.

$77 million of donations made by Wells Fargo (WFC) went to NeighborWorks America, a foundation that helps new homebuyers with their down payments, particularly in neighborhoods that were highly affected by the financial crisis and have seen high rates of home foreclosures.

Source: Opposing Views

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