On March 10, 2021, Davis Polk partner Dan Stipano will be among the speakers at Mortgage Bankers Association’s “Multifamily Real Estate Financial Crimes Training” webinar. Topics discussed will include:
- 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
For more information, please visit the event website.