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CFPB leaves out financial institution in action against Wells, Chase
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Banking, Case Law, Consumer Protection
Friday, January 23, 2015
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It’s usually said that “no good deed goes unpunished” but for the Unnamed Financial Institution mentioned in the Consumer Financial Protection Bureau’s complaint against Wells Fargo, JPMorgan Chase and certain loan officers involved in an illegal marketing services scheme, that wasn’t the case. Read on to learn how the financial institution avoided an enforcement action.
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