2:30pm - 3:45pm
Join NYAMB's President Mark Favaloro for an informative and in depth roundtable discussion on the recent topics discussed at the latest NYSDFS Quarterly Meeting. Great opportunity for Mortgage Broker Owners to discuss NY rules and regulations and hear about the associations state lobbying efforts for Broker Owner Businesses. Get your voice heard....Do not miss this roundtable!
AML Training Seminar with Jonathan Pinard, Partner, First National Compliance Solutions, Inc.
This seminar is designed for mortgage brokers owners (no employees/LO’s) to meet their annual training requirements of their Anti-Money Laundering Policy, as required by The Bank Secrecy Act.
This seminar will provide an overview of the required Anti- Money Laundering and Customer Identification Programs, Red flags, responsibilities as a mortgage broker, recent examples of Suspicious Activity Reports and instruction as to how and when a Suspicious Activity Report should be filed.
The Anti Money Laundering Rule requires Mortgage Brokers to file reports with the US Treasury that have a high degree of usefulness in criminal, tax, or regulatory investigations including suspicious activity that may indicate mortgage fraud.