Description
The slides and recording access document will be available for download immediately via email upon purchase.
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 viewing this on-demand 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!
Who
This session may be most useful for BSA Officers, Compliance Officers, and Mortgage Lenders.
