Summary

In these uncertain times, combating real estate financial crimes and fraud is more important than ever. Join leading experts from across the industry for this important training on multifamily real estate financial crimes. During this training, you will learn about the elements of mortgage fraud, money laundering and the restrictions under economic and trade sanctions. Experts will discuss the federal landscape, including the Office of Foreign Assets Control, the Financial Crimes Enforcement Unit, the Bank Secrecy Act, and the Patriot Act. You will also review the five pillars of the anti-money laundering program and learn to spot suspicious red flags and more.

Time

2:00-3:30 PM ET

Objectives

• The elements of commercial real estate financial crimes, including mortgage fraud and money laundering, and the restrictions under economic and trade sanctions
• Overview of the federal landscape, including the Office of Foreign Assets Control, Financial Crimes Enforcement Unit, Bank Secrecy Act, and others
• Review the five pillars of anti-money laundering programs
• Review suspicious red flags, including rent roll inconsistencies, staged units, and empty units with active leases

Who Should Attend?

• Bank and non-bank lenders and servicers
• Compliance Professionals
• Legal Counsel and Company Executives
• Risk Officers
• Finance and Accounting Professionals

Speaker(s)

• Bruce Oliver, Associate Vice President, CREF Policy, MBA (moderator)
• Patrick Caughey, Director of Compliance, PGIM Real Estate Finance
• Michael Kenney, Vice President Operational Risk, Freddie Mac
• Melissa Prohaska, Administrative Vice President, M&T Bank
• Dan Stipano, Partner, Davis Polk & Wardwell