Thursday, March 28, 2024
HomebanksTrump: Wells Fargo fines in mortgage cases 'will not be dropped' and...

Trump: Wells Fargo fines in mortgage cases ‘will not be dropped’ and could be hiked

  • President Donald Trump rejected the idea that Wells Fargo would skate on penalties associated with claims of mortgage lending abuse.
  • Reports circulated this week that Mick Mulvaney, interim head of the CFPB, was reviewing prior settlements the agency had made in enforcement actions.

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