Violation Tracker Individual Record

Company: 
Wells Fargo Home Mortgage
Current Parent Company: 
Wells Fargo
Penalty: 
$5,000,000
Year: 
2014
Date: 
October 9, 2014
Primary Offense: 
discriminatory practices
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 Parent: 
USA
HQ State of Parent: 
California
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.