Notification 25-03
:  Potential Red Flags for Mortgage Fraud and Other Suspicious Activity
Effective:
Multifamily BSA-AML Lender Guidance (Redline).pdf
Potential Red Flags for Mortgage Fraud and Other Suspicious Activity (Redline).pdf

HIGHLIGHTS

Effective for all Mortgage Loans as of April 1, 2025, updated the:

 

  • Potential Red Flags for Mortgage Fraud and Other Suspicious Activity; and
  • Multifamily BSA-AML Lender Guidance.

 

Primary Changes

Expanded the Potential Red Flags for Mortgage Fraud and Other Suspicious Activity and the Multifamily BSA-AML Lender Guidance, covering:

  • Appraisals;
  • Financial Statements and Financing Structure;
  • Property Condition and Inspections; 
  • Sale and Transaction History; and
  • Other information.

 

Questions

Please contact the Fannie Mae Deal Team with any questions.