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Wells Fargo responds to CFPB notice for possible pricing discrimination
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Banking, Consumer Protection, Government Oversight, Industry Regulation
Thursday, December 14, 2023
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In a statement to Dodd Frank Update, Wells Fargo defended its record as a supporter of underserved, majority-minority communities amid reports of possible pricing discrimination in its mortgage lending practices. The bank has been linked to an industrywide Consumer Financial Protection Bureau probe into possible fair lending violations.
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