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wells fargo agrees to pay 1b over loan abuses investopedia : SANTA ANA, Calif. (AP) — Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance ...Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting ...Wells Fargo Agrees to Pay $385M to Settle Car Loan Lawsuit Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers ...Wells Fargo shares rise after the bank agrees to pay $1 billion to settle allegations from multiple regulators it engaged in lending abuses. Wells says the settlement with the Consumer Financial ...Wells Fargo will pay $575 million to resolve investigations by all 50 states and Washington, D.C., into a range of practices, the latest chapter in the bank’s long-running legal problems.In the settlement, Wells Fargo agreed to pay $1.2 billion and admitted, acknowledged and accepted responsibility for, among other things, certifying to the Department of Housing and Urban Development (HUD), during the period from May 2001 through December 2008, that certain residential home mortgage loans were eligible for FHA insurance when in ...Wells Fargo & Co. has agreed to pay at least $386 million to settle a 2017 class-action lawsuit addressing its auto collateral-protection insurance practices.FILE - In this Dec. 19, 2012, file photo, a man walks past a Wells Fargo branch in Philadelphia. Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting in many having their vehicles repossessed.Wells Fargo & Co. agreed to pay at least $385 million to customers who say they were signed up for auto insurance without their knowledge or consent when they took out a car loan.Wells Fargo & Co. (NYSE: WFC) has agreed to pay at least $385 million to settle a lawsuit after saddling millions of customers with auto insurance that they neither needed nor wanted. The lawsuit ...
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