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Trump: CFPB not dropping penalties against Wells Fargo, bank will be fined for mortgage issues HW+

Dec 08, 2017By

In addition to all the issues Wells Fargo faced over the last year, the bank said back in October that it planned to refund more than 100,000 borrowers who were improperly charged for rate lock extensions from Sept. 16, 2013, through Feb. 28, 2017. As it turns out, the CFPB was also looking into the issue and apparently planned to fine the bank for the improper rate lock fees, until Mick Mulvaney took over as acting director – or so it appeared.

3d rendering of a row of luxury townhouses along a street

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