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Non-bank mortgage lenders required to report fraud

The Financial Crimes Enforcement Network (FinCEN) has finalized regulations that require non-bank residential mortgage lenders and originators to establish anti-money laundering (AML) programs and file suspicious activity reports (SARs), as FinCEN requires of other types of financial institutions.

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Published Wednesday, February 15, 2012 1:52 PM by Gail Griffin, GRI, e-PRO
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