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‘CFPB Bullied Me’ into $85K Settlement: Former Wells Fargo Officer

‘CFPB Bullied Me’ into $85K Settlement: Former Wells Fargo Officer

The CFPB alleges that David Eghbali, a loan officer for a Wells Fargo branch in Beverly Hills, Calif., developed a scheme to manipulate escrow fees in order to close more mortgages and boost his bonus. Eghbali says he was forced to sign a settlement because he couldn't afford to fight the CFPB in court.

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