Archive for June 2026
BSA/AML Compliance for Mortgage Companies: Frequently Asked Questions
Let’s review the top BSA/AML compliance questions asked by mortgage professionals. 1. What is BSA/AML in mortgage lending? BSA stands for the Bank Secrecy Act. AML stands for Anti-Money Laundering. In mortgage lending, BSA/AML compliance refers to the policies, procedures, controls, training, monitoring, escalation, and reporting processes used to help prevent a mortgage company from…
Read More