CFPB cites Wells, Chase, Maryland title firm for illegal kickbacks

The Consumer Financial Protection Bureau and the Maryland Attorney General announced actions against Wells Fargo and JPMorgan Chase for engaging in illegal marketing services with a now-defunct title company, Genuine Title. In addition to the banks, the bureau and Maryland took action against a former Wells Fargo employee and his wife for their involvement. In all, the penalties for the enforcement total more than $35 million.

Via:: CFPB cites Wells, Chase, Maryland title firm for illegal kickbacks

      

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