Tag Archives: anti-money laundering

CFPB Releases Exam Procedures for New Mortgage Rules

(CFPB – WASHINGTON, D.C.) — On June 4, 2013, The Consumer Financial Protection Bureau (CFPB) published the first update to its exam procedures for the new mortgage regulations it issued in January 2013. The exam procedures offer financial institutions and mortgage companies valuable guidance on what the CFPB will be looking for as the rules become […]

Free List of Mortgage Abbreviations and Acronymns

(Jeff Sorg, OnlineEd) – Is your CAN-SPAM in compliance with your GENESYS or are they both in need of PEP? Don’t be confused by all the mortgage abbreviations and acronyms being tossed around today! OnlineEd has put together a list of the most commonly used mortgage industry abbreviations in this free PDF.  ### If you have questions or […]

CFPB Releases Informative Videos on YouTube

Confused about the CFPB’s January 2013 new mortgage rules? Don’t have an afternoon to read a series of .pdf files? Check out the new videos that the CFPB just posted on YouTube. “We’re trying to make our rules more understandable and more user-friendly, setting out as clearly as we can what you need to know, […]

8 New Mortgage Regulation Deadlines Coming Out of the CFPB

(OnlineEd – Portland, OR) – The Consumer Financial Protection Bureau (“CFPB”) gave 12 months (and sometimes less) from the “issue date” to implement the majority of these new requirements.  Because the CFPB considers the “issue date” as the date of publication on the CFPB’s website – rather than publication in the Federal Register,  your company will have less […]

Get Compliant – And How to Stay that Way!

Compliance is a hot topic today, as the landscape is constantly shifting and being redefined as the mortgage and real estate industry stabilizes in the wake of the financial crisis. Understanding what these new and changing compliance requirements are can be a headache, but OnlineEd.com has a few tips that can help you be prepared […]

4 Oregon Real Estate Education Changes For 2013

(OnlineEd – Portland, OR) -Effective January 1, 2013 the Oregon Real Estate Agency implemented the following changes to real estate broker pre-licensing education, principal broker licensing education, property manager education, and real estate broker advanced practices education:

The CFPB is the New Sheriff in Town … Ready for a Visit?

(OnlineEd – September 26, 2012) Compliance management requirements for all non-banks have reached a new level with the new Consumer Financial Protection Bureau (CFPB) Examination Manual. According to the CFPB’s Web site: “The CFPB’s approach to non-bank examination will be the same as its approach to bank examination. It may include a combination of any of the following tools: requiring nonbanks to file certain […]

Free Anti-Money Laundering Compliance Handbook for AML, BSA, and SARs

(OnlineEd® – InlineEd) – Are you confused by FinCEN’s new Anti-Money Laundering compliance requirements? Don’t be! OnlineEd® is providing a free guidebook that explains all the details of the required training ,  record keeping requirements, policies, and requirements for Compliance Officer registration. Get Your PDF Version of the OnlineEd Anti-Money Laundering Compliance Handbook here. Mortgage […]

OnlineEd Compliance Management and Training System for Mortgage Lenders

(OnlineEd, InlineEd) – The InlineEd system is an easy to use compliance management system developed for the mortgage industry to help it comply with Anti-Money Laundering,  Suspicious Activities Reports, Bank Secrecy Act, and continuing education or education for new employees. InlineEd, which is developed and operated by OnlineEd, is specifically for residential mortgage loan originators and lenders. It can […]

How to Comply with Anti-Money Laundering Training Requirements

(OnlineEd®, InlineEd) – Residential mortgage lenders take note: The August 13, 2012 deadline for compliance with the new anti-money laundering (AML) and suspicious activity report (SAR) final rule is fast approaching. In A Nutshell This new expanded regulation applies to every single non-bank mortgage brokerage and mortgage lending company, regardless of size. The mandatory compliance […]