Welcome to 2026 BSA/AML Compliance for Mortgage Professionals! This course provides mortgage professionals with a practical understanding of their responsibilities under the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) regulations, and related federal requirements. As Residential Mortgage Lenders and Originators (RMLOs), mortgage companies are required under FinCEN regulations to maintain a written AML program, train employees, report suspicious activity, and comply with OFAC sanctions requirements.
Participants will learn how financial crimes—such as money laundering, fraud, terrorist financing, and Business Email Compromise (BEC)—can occur in real estate transactions, and how to recognize warning signs in day-to-day mortgage operations. The course explains the four pillars of an AML program, Suspicious Activity Report (SAR) requirements, OFAC screening obligations, and emerging wire fraud risks.
Through real-world examples and practical guidance, learners will gain the confidence to identify red flags, escalate concerns appropriately, and protect both borrowers and the organization from financial crime.‍

Learning Objectives‍

By the end of this course, learners will be able to:

• Explain the purpose of the Bank Secrecy Act (BSA) and AML regulations as they apply to mortgage professionals.
• Describe FinCEN’s expansion of AML requirements to Residential Mortgage Lenders and Originators (RMLOs).
• Identify the four pillars of an effective AML program.
• Recognize when a Suspicious Activity Report (SAR) must be filed and understand SAR confidentiality requirements.
• Explain the role of OFAC sanctions screening in mortgage transactions.
• Identify common red flags for money laundering and mortgage fraud in loan applications and closings.
• Recognize the warning signs of Business Email Compromise (BEC) and wire fraud schemes.
• Apply proper escalation and reporting procedures without “tipping off” customers.
• Understand the difference between investigative responsibility and reporting responsibility.
• Demonstrate how individual employees serve as the first line of defense in protecting the financial system.