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Home » Store » News » Mortgage Brokers May Have to Take on Increased Anti-Fraud Responsibility Under Treasury Proposal

Mortgage Brokers May Have to Take on Increased Anti-Fraud Responsibility Under Treasury Proposal

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Mortgage brokers and other loan origination participants that aren’t affiliated with depository institutions may have to take on new responsibilities to guard against mortgage fraud, including increased reporting to federal regulators and monitoring potential money-laundering activities. The Finance Crimes Enforcement Network, a Treasury Department agency better known as...
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