Wells Fargo confirms OCC terminated 2021 Home Lending consent order

WELLS FARGO & COMPANY/MN

OCC terminated 2021 consent order on loss mitigation practices in Home Lending, effective March 17, 2025.
This is the eleventh consent order closed by regulators since 2019, and the fifth closed in 2025.
CEO Charlie Scharf noted the order was resolved in 3.5 years, faster than two 2011 Federal Reserve orders.
Wells Fargo has remaining open consent orders; management expects to complete required work.

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