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Wells Fargo fined $1 billion for insurance coverage and home loan abuses

Wells Fargo fined $1 billion for insurance coverage and home loan abuses Two federal regulators are fining Wells Fargo $1 billion for forcing clients into auto insurance and mortgage that is charging unjust charges. The penalty ended up being established Friday because of the customer Financial Protection Bureau as well as the workplace for the Comptroller for the Currency. It’s …