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Wells Fargo will pay billions of dollars to settle claims that it wrongly seized homes and cars.
The US Consumer Financial Protection Bureau (CFPB) has ordered Wells Fargo to stop charging surprise overdraft fees on bank accounts and make sure auto loan borrowers get refunds for certain add-on fees. “We and our regulators have identified…unacceptable practices that we have been working systematically to change and provide customer remediation where warranted,” Wells Fargo…