BSA: Money Laundering in Residential Real Estate and Mortgage Loan Fraud

Lenders play an important role in detecting financial crime and other suspicious activity. Lenders may encounter red flags for money laundering and other financial crimes at any stage from the beginning of the application process throughout the closing of a loan. During this webinar we will look at money laundering through residential real estate. We will also look at mortgage fraud and the methods used to hide debt, income, and other information to qualify for a loan.