Publication

AML Compliance: Bringing Mortgage Lenders into Compliance with the August 13 Anti Money Laundering Regulations

The AML Compliance Deadline is August 13:  It Still isn’t Too Late to Come into Compliance

If you are a mortgage lender or originator, you know that August 13, 2012 is a date that must be marked in BOLD on your calendar.

On or before that date, as mandated by recent expansion of FinCen regulations, all mortgage lenders must have in place and operational an Anti Money Laundering (AML) Compliance Program. We will help you come into compliance by providing the mandatory:
  • RISK ASSESSMENT
  • POLICIES AND PROCEDURES
  • TRAINING FOR YOUR AML STAFF AND ALL EMPLOYEES
All work will be performed by experienced attorneys who have brought numerous lenders into compliance. For nearly all lenders, the flat fee for our AML Compliance Package is $2,400.

What participants are saying:

“Thank you so much for the webinar this morning. You did a great job. It was well attended by all 3 offices and many have completed the testing already.” -George Moore, Senior Vice President, Tidewater Home Funding


Additional Coverage:

Offit Kurman Attorney Quoted in “Reviewing FinCEN’s new rules and regulations” VIDEO: “What You Need to Know About AML Compliance for Lenders” VIDEO: “A Key Difference between the Pre-AML Compliance and Post-AML Compliance Worlds for Lenders

Videos: