Compliance Watch

The Federal Housing Finance Agency and the Department of Housing and Urban Development reported clarifications of Freddie Mac's policies to make clear it will purchase mortgages secured by a property owned by an individual and rented to a group home for persons with disabilities.

Since the COVID-19 pandemic began in early 2020, the federal government has enacted a series of programs to help people stay in their homes.

The Texas Credit Union Commission will review and consider for re-adoption, revision, or repeal, Chapter 93, Subchapter A, concerning common terms consisting of §93.101 (Scope; Definitions; Severability).

Question: We want to use email marketing but are concerned about the CAN-SPAM Act. Is it true we can send out “cold,” that is, unsolicited emails? Answer: Yes. The CAN-SPAM Act allows you to send out marketing emails to persons that have not opted to receive them as long as you...

Each year, Americans observe National Hispanic Heritage Month from Sept. 15 to Oct. 15 by celebrating the histories, cultures, and contributions of American citizens whose ancestors came from Spain, Mexico, the Caribbean, and Central and South America.

As mentioned in previous newsletters, we want to hear from you. Please take a moment to complete the League InfoSight survey to help us prioritize new product developments.

The Financial Action Task Force has announced it will conduct a webinar on Money Laundering from Environmental Crime on Sept. 30, 2021, from 7–8 a.m. EDT.

The Department of the Treasury announced a set of actions focused on disrupting criminal networks and virtual currency exchanges responsible for laundering ransoms, encouraging improved cyber security across the private sector, and increasing incident and ransomware payment reporting to U.S. government agencies, including Treasury and law enforcement.

The Office of Foreign Assets Control has released an Updated Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments.

The Financial Crimes Enforcement Network has issued Notice FIN-2021-NTC3 to call attention to an increase in online child sexual exploitation (OCSE).