The portions of The PATRIOT Act that impact mortgage lending transactions are contained in Title III, which is called the"International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001." Congress authorized The Department of the Treasury to implement Title III of The PATRIOT Act. An agency within the Treasury Department known as the Financial Crimes Enforcement Network (FinCEN) has primary responsibility for investigating, identifying, and reporting information on money laundering and other financial crimes. This professional development online course will review the various provisions of the PATRIOT Act, as they pertain to mortgage transactions.
How it Works This is an online self-paced course that allows you to study the course material independently and at your convenience. Access to a computer with internet access is required. This course is supported on most computing devices, including desktop and laptop computers, tablets and cell phones.