The Office of the Comptroller of the Currency today terminated its mortgage servicing-related order against Wells Fargo Bank N.A., and assessed a $70 million civil money penalty against the bank for previous violations of the order. The OCC found that Wells Fargo failed to correct deficiencies identified in the 2011 consent orders in a timely fashion. As a result, the OCC determined that Wells Fargo violated the 2011 consent order from Oct. 1, 2014, through Aug. 1, 2015. The OCC further found that, between Dec. 1, 2011, and March 31, 2015, Wells Fargo filed payment change notices in bankruptcy courts that did not comply with bankruptcy rules and safe and sound banking practices and that it made escrow calculation errors that in some cases led to incorrect loan modification denials and constituted unsafe or unsound banking practices.