Description:
Good times or bad, residential mortgage lending is often overlooked as a potential source of reportable financial crime. Particular “red flags” can be missed, especially as loans take time to move through the application to closing to servicing stages. Are you confident that you and your teams know what to look for in these transactions? Are you aware of the latest schemes, scams and methods fraudsters may use to trick your best detection?
After attending this session, you will be able to:
- Identify reporting requirements for mortgage fraud and other suspicious mortgage-related activity
- Recognize the most common ways money laundering can happen in residential real estate
- Build a strong controls environment that can help you detect mortgage-related financial crime
- Identify the latest fraud schemes, laundering techniques and organized criminal activities involving mortgage loans
- Advise your employees, officers and directors how to respond when financial crimes are suspected
Your investment of 90 minutes for fast-paced learning and lively discussion can bring peace of mind to your AML program. Register now to join!
Who Should Attend:
This session may be most useful for BSA Officers, Compliance Officers, and Mortgage Lenders.
Reminder: Your registration includes a playback of the session, which is available after the session concludes.
Presenters:
Pam Perdue
Pam Perdue’s passion is transforming compliance burden into competitive advantage through modern mindset, methods, and technologies. As founder/co-founder of four RegTech companies, and with decades of work inside organizations ranging in size from de novo to global, and time spent as a Federal Reserve system examiner and educator, she is fortunate to have a unique, 360-degree view of the business challenges posed by operating in highly regulated environments. Her idea of fun is building compliance management systems that drive costs lower and effectiveness higher. Pam enjoys sharing my knowledge with others at technology, lending and banking conferences, symposia and compliance schools, and through advisory board seats for regtech and fintech startups.
Her academic background includes The Ohio State University, as well as professional certifications from the American Institute of Banking, the Dearborn Financial Institute, and the University of Denver securities paralegal program. She has completed the rigorous Federal Reserve System Examiner Commissioning Program and previously attained the Certified Regulatory Compliance Manager (CRCM) designation of the Institute of Certified Bankers. She is also a Certified E-Learning Instructional Designer with the Association of Training Development.
Specialties: Financial technology, regulatory technology; regulatory compliance; training, consulting and auditing; regulatory professional development; e-learning development and deployment.
May 2, 2024