A coalition of 20 states and the District of Columbia filed a federal lawsuit October 27 challenging the Treasury Department rollback of beneficial ownership reporting requirements under the Corporate Transparency Act.The complaint, filed in the U.S. District Court...
A federal court in Texas vacated the Financial Crimes Enforcement Network’s (FinCEN) 2024 residential real estate reporting rule that required for title companies to report non-financed transfers to entities and trusts. The FinCEN rule requires title companies...
A coalition of Puerto Rico-based privacy groups has filed a lawsuit to block the new anti-money laundering rule issued by the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). The San Juan Daily Star reports the rule, officially known as the...
The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is postponing the reporting requirements of its Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule (RRE Rule) until March 1, 2026. The RRE rule mandates that...
The federal Financial Crimes Enforcement Network (FinCEN) has renewed its Geographic Targeting Orders (GTOs) that requires US title insurance companies to identify the individuals behind shell companies used in non-financed purchases of residential real estate. The...
DHI Mortgage, loanDepot, PRMG and CMG Join FICO Program as Credit-Score Com…
