In This Issue
Message from Cindy Fazio regarding fraud in the housing and money transmission industries.
DFI is developing a tool for mortgage brokers to use to develop a compliant AML program
Since March 31, the Mortgage Assistance Team has received calls from over 200 consumers.
While our physical building is closed and staff are subject to furlough days, DFI staff continue working to fulfill the agency’s mission and provide service to our customers.
As routine DFI compliance examinations continue off-site due to the pandemic, here are a few things to keep in mind to help ensure a successful remote examination.
Common violations our exam teams in each industry found during examinations in the last quarter.
Updates for the mortgage industry.
Updates for Check Cashers and Sellers.
Updates for the Escrow industry.
Updates for the Money Services industry.
Consumer Services has not filed any new rulemakings.
Visit DFI’s Rulemaking Webpage for rulemaking activity impacting other DFI industries.