Monday, August 13, 2012, marks the commencement of the Anti-Money Laundering Program.
Recently, I was interviewed by Paul Donohue, the Founder of Abacus Mortgage Training and Education, for his highly-regarded Abacus Mortgage Mastery Series.
I discussed at considerable length the many compliance features and guidelines of the Anti-Money Laundering Program. We had a detailed and engaging discussion about anti-money laundering as it relates to RMLOs.
I suggest that you listen to this interview, because it covers a broad range of issues and will help you to be prepared for implementing FinCEN’s Anti-Money Laundering Program for RMLOs.
Anti-Money Laundering Compliance
LENDERS COMPLIANCE GROUP is the first full-service, mortgage risk management firm in the United States specializing exclusively in outsourced mortgage compliance and offering a full suite of services in residential mortgage banking for banks and nonbanks.
* Jonathan Foxx is the President & Managing Director of Lenders Compliance Group