Daylight's July 21, 2009 AML Update

Ellen Zimiles, CEO and Carmina Hughes, Executive Director
Daylight's AML Update, July 21, 2009

On July 15, 2009, FinCEN announced that it is seeking comments on the Advance Notice of Proposed Rulemaking that would require non-bank residential mortgage lenders and originators to develop and implement an AML program and comply with Suspicious Activity Report (SAR) filing requirements. Read More.