FinCEN’s anti-money laundering rule struck down: what real estate and title professionals need to know

Reported by Jonathan Delozier (Summary featured below. To read full report, go to: https://www.housingwire.com/articles/fincens-anti-money-laundering-rule-struck-down-now-what/) A federal court ruling in Texas has vacated a nationwide anti-money-laundering rule issued by the Financial Crimes Enforcement Network (FinCEN), creating uncertainty for professionals involved in real estate and title transactions. The rule, which took effect on March 1, required reporting […]