At Mortgage Education Institute, we get these questions a lot. “Why do I need a BSA/AML Annual Audit?” Why can’t I do the BSA/AML Annual Audit myself?” Companies feel they are too small and can’t afford to have a BSA/AML Annual Review and Audit by a third-party vendor and often feel that a “self-audit” will…

The mortgage industry continues to evolve in response to shifting regulatory priorities, rising consumer expectations, and increased scrutiny of lending practices. In 2025, regulators are placing a renewed focus on accountability, data protection, and equitable lending, making staff compliance training more critical than ever. Regulators Are Watching Closely With the shift in compliance from the…