Fannie Mae, Freddie Mac and the Federal Home Loan Banks would be required to develop anti-money laundering programs and file suspicious activity reports with the Financial Crimes Enforcement Network under new regulations proposed by the agency. Under current guidelines, the GSEs currently file fraud reports with their regulator, the Federal Housing Finance Agency, which then files SARs with FinCEN, which is a bureau of the Treasury Department. The proposed revision would simplify the reporting process,…