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Violation Tracker Individual Record

Company: Wells Fargo Home Mortgage
Current Parent Company: Wells Fargo
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $5,000,000
Year: 2014
Date: October 9, 2014
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: The U.S. Department of Housing and Urban Development announced that it reached a $5 million settlement with Wells Fargo Home Mortgage resolving allegations that the lender discriminated against women who were pregnant, or had recently given birth, and were on maternity leave.
Level of Government: federal
Action Type: agency action
Agency: Housing and Urban Development Department
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.