Mortgage AML Insights

New Rules - FinCEN gets tough #fraud #bsa #aml #allegations Aug 25, 2024

You can't just check the box on generic AML compliance anymore. Here I comment on FinCEN's new proposed rule on BSA compliance.

FinCEN Gets Tough: Enhancing Risk Assessments for Mortgage Lenders #fraud #bsa #aml #allegations #riskassessment #fincen Aug 19, 2024

Risk assessments are becoming increasingly crucial for mortgage lenders, especially with the latest FinCEN proposal that could soon mandate such...

BSA Lessons from the Kabbage Fraud Settlement: Hear no evil, see no evil, say no evil #fraud #bsa #aml #allegations May 30, 2024

Kabbage, a financial services company, is accused of profiting from fraudulent loans during the COVID-19 pandemic. According to the US...

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