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Tuesday, September 28, 2021

Investigate Robert A. Maiocco Jr; Wells Fargo DISASTER; Remove All His Votes from Past City Council Meetings THE MAIOCCO MENACE

THE MAIOCCO MENACE

REMEMBER THE MASSIVE CASE AGAINST EX MEDFORD CITY COUNCIL PRESIDENT MAIOCCO IN HIS PRIVATE LIFE?   OUR MAGAZINE EXPOSED IT, MR. RUSEAU. 

  WHAT MALICIOUS EFFECT DID IT HAVE ON MEDFORD WITH VOTES FROM SOMEONE YOU COULDN'T TRUST; HIS CLOSE FRIEND COULDN'T TRUST.  WAKE UP, MEDFORD !

 

 https://www.msn.com/en-us/money/personalfinance/feds-fine-wells-fargo-250-million-for-unsafe-or-unsound-home-lending-practices/ar-AAOj6kQ?ocid=msedgdhp&pc=U531 


The OCC, Wells Fargo’ s top federal banking regulator, imposed the penalty on the bank for misconduct“ related to material deficiencies regarding the bank’ s loss mitigation activities” and violations of a 2018 consent order issued by the agency.

The OCC, Wells Fargo’s top federal banking regulator, imposed the penalty on the bank for misconduct “related to material deficiencies regarding the bank’s loss mitigation activities” and violations of a 2018 consent order issued by the agency, according to OCC documents.

The 2018 order required the bank to take a variety of actions to account for deficiencies in its risk management program, including creating a new risk management plan and forming an independent committee to evaluate its progress. The order addressed misconduct related to mortgage and auto loans, among other violations

 
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Wells Fargo has been fined $250 million by the Office of the Comptroller of the Currency for “unsafe or unsound practices” related to the bank’s home lending business, according to the bank and the agency Thursday.

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