Tag Archives: U.S. Bank

The Office of the Comptroller of the Currency removed restrictions from two more banks, but the banks will also be paying a hefty penalty.

U.S. Bank announced the appointment of Tom Wind as president of U.S. Bank Home Mortgage this week. Wind succeeds Rick Aneshansel, who announced his retirement earlier this year.

U.S. District Judge Katherine Forrest approved the settlement, which resolves allegations from investors that the banks failed in their role as trustees for mortgage-backed securities trusts containing sloppy loans that were issued by Washington Mutual Inc. before the 2008 financial crisis.

U.S. Bank has reached a settlement with a housing regulator over allegations the bank discriminated against a Native American couple in denying them a refinance. Under the settlement's terms, U.S. Bank agreed to pay the couple's U.S. Bank credit card balance, amounting to nearly $11,500. The bank also agreed to approve their refinance application at the same interest rate and terms under which they originally applied in May 2013.