Wells Fargo Expects Auto Declines to Continue for Another Year
Via Shinya Suzuki/ Flickr For the fourth quarter in a row, Wells Fargo Dealer Services’ delinquencies and charge-offs have grown ...
Tag: Office of the Comptroller of the Currency
Forced Protection: How Will The Industry Respond to Wells Fargo’s Insurance Scandal?
Typically, when one of the nation’s largest auto lenders returns $80 million to consumers it wrongly charged, industry leaders stop ...
OCC Recommends Enforcement Against Wells Fargo Amid CEO’s Senate Hearing
President and Chief Executive of Wells Fargo & Co. Timothy Sloan speaks before the Senate Banking, Housing, and Urban Affairs ...
Lenders Tweak GAP Refunds Amid Scrutiny
Auto finance companies need to be aware of guaranteed asset protection (GAP) product refund procedures in the wake of recent ...
Executive VP Bill Katafias Leaves Wells Fargo
Bill Katafias, former executive vice president of Wells Fargo Dealer Services. After 24 years at Wells Fargo Dealer Services, Executive ...
Lenders Should Reevaluate Repo Notices
Powersports lenders need to be cautious and constantly “reevaluate” repossession practices, particularly in relation to the Servicemembers Civil Relief Act, ...
Wells Fargo Reached Settlement With DOJ, OCC
Wells Fargo & Co. was fined more than $24 million yesterday by federal regulators for alleged violations of the Servicemembers ...
Auto Loan Risk Worries U.S. Comptroller
Easier credit standards and a high concentration of auto loans at banks have the Office of the Comptroller of the Currency increasing ...
