Effective January 5, 2021, the Multifamily Lender Certification (Form 4637) was updated to clarify language in Section C. Real Estate, Mortgage, and other Regulatory Compliance.
Clarified certain requirements for:
- Office of Foreign Assets Control (OFAC) verification, reporting, and recordkeeping; and
- Anti-Money Laundering (AML) provisions of the Bank Secrecy Act (BSA).
Please contact Lender Risk Management at [email protected] with any questions.