August 15, 2014 - Review Single-Family Seller/Servicer Guide (Guide) Bulletin 2014-15 for details on the 2014 Financial Crimes Enforcement Network (FinCEN) final rule, effective August 25, 2014, which requires Freddie Mac to establish a written Anti-Money Laundering program and file suspicious activity reports with FinCEN.
June 19, 2014 – Review Single-Family Seller/Servicer Guide (Guide) Bulletin 2014-12 for details on the following updated requirements on fraud training and reporting:
- Entities and individuals engaged to perform functions typically handled by employees, and in a position to notice or report fraud and suspected fraud, are required to receive fraud training.
- Fraud and suspected fraud must be reported to Freddie Mac within 60 days when there is reasonable belief that it has occurred.
Freddie Mac is committed to helping the mortgage industry fight fraud, and our Financial Fraud Investigation Unit (FFIU) is at the forefront of our mortgage fraud prevention efforts. One such fraud prevention effort are new Freddie Mac mortgage fraud reporting forms – one for origination-related fraud, and the other for servicing-related fraud. As detailed in Guide Chapters 7 and 57, these forms are to be used to report fraud or possible fraud to Freddie Mac:
Please email the complete form to firstname.lastname@example.org. In addition to using the fraud reporting forms, you may contact Freddie Mac regarding fraud in the following ways:
- Phone: (800) 4FRAUD8
- E-mail: email@example.com
- Fax: 571-382-4883
- Mail: Attn: Institutional Investigations
8200 Jones Branch Drive
McLean, VA 22102-3110
- Guide Bulletin 2014-15
- Guide Bulletin 2014-12
- Guide Bulletin 2014-6
- Guide Bulletin 2013-23
- Guide Bulletin 2013-20
- Guide Bulletin 2013-18
- Guide Bulletin 2013-8
- Guide Bulletin 2012-13
- Guide Bulletin 2011-23
Fraud Prevention Resources
Visit our Fraud Prevention Resources Web page to take advantage of our Mortgage Fraud Prevention Toolkit, best practices, mortgage fraud articles, and training opportunities.
About the Financial Fraud Investigation Unit
Established in 1989, the FFIU is responsible for the prevention, detection, investigation, and resolution of mortgage fraud. In addition to our core responsibilities, the FFIU's job duties entail:
- Assisting law enforcement with criminal investigations and making referrals to state licensing and regulatory boards.
- Participating in national, regional, and industry mortgage fraud task forces.
- Providing training to the FBI, state regulators, lenders, and Freddie Mac employees.
- Participating in various speaking forums to discuss fraud trends and anti-fraud strategies.