FinCEN Proposes Anti-Money Laundering/Suspicious Activity Reporting Rules for Fannie Mae, Freddie Mac, Federal Home Loan Banks

VIENNA, VA – November 3, 2011 – (RealEstateRama) — The Financial Crimes Enforcement Network (FinCEN) today proposed regulations that would require government-sponsored enterprises (GSEs) Fannie Mae, Freddie Mac and the Federal Home Loan Banks to develop anti-money laundering (AML) programs and file suspicious activity reports (SARs) with FinCEN.