FinCEN Proposes AML Plan for Non-Bank Mortgage Lenders Mortgage Brokers and More Mortgage Bankers to File SARs

VIENNA, VA – December 6, 2010 – (RealEstateRama) — The Financial Crimes Enforcement Network (FinCEN) today proposed a requirement that non-bank residential mortgage lenders and originators, like other types of financial institutions, establish anti-money laundering (AML) programs and comply with suspicious activity report (SAR) regulations