Homeland security – US priorities

While the year-old Obama administration has brought a wave of new and proposed regulations for the US financial sector, it has used its anti-money laundering (AML) arm to target an area in which financial crimes have spiked during the economic crisis: mortgage and loan modification fraud. Russell Berman reports from Washington, DC.

Home (un)truths

The Financial Crimes Enforcement Network (FinCEN), the US government’s AML agency, has made mortgage fraud a priority in 2009.