Author name: Ricky Vasquez

Key insight: Fincen’s guidance expands the types of information banks can share about suspected fraud and illicit activity while protecting participating institutions from liability. Supporting data: Banks can share information including transaction records, video footage, IP addresses, device identifiers and fraud indicators. Forward look: The guidance comes as the Treasury pushes to overhaul anti-money-laundering rules […]

The Community Home Lenders of America, Community Associations Institute and National Association of Mortgage Brokers doubled down on their previous pushes for more time to meet deadlines for certain condominium loan rule changes in a joint letter. Processing Content These groups reinforced calls for a year’s delay in some restrictions in the letter sent to