Mortgage AML Insights

Wells Fargo – when aren’t they in the news?

In a world where financial crime is becoming increasingly sophisticated, banks must remain constantly vigilant and informed to avoid severe penalties. A recent case in point is the U.S. Office of the Compt...

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

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

The proposed rule introduces risk assessments as a "sixth p...

Kabbage, a financial services company, is accused of profiting from fraudulent loans during the COVID-19 pandemic. According to the US Attorney’s statement, the settlement addresses claims that Kabbage profited off of fraudulent loan applications. Th...

In any business, particularly in the financial sector, the integrity of your team is paramount. However, external pressures can sometimes push employees towards unethical behaviors.

Through a personal experience as a loan officer, I encountered a si...

In the world of Know Your Customer (KYC) protocols, the essence lies in building trust with your business allies—be they partners, counterparties, correspondents, brokers, or borrowers.

This encompasses the fundamentals of verifying identities, corp...

This course is tailored to mortgage lenders, credit unions and banks that make mortgage loans, to help you manage those duties. I created this course specifically for mortgage lenders because I felt the existing courses paid too little attention to m...