Title companies may still have to follow anti-money laundering rule after FinCEN appeal
An appeal filed earlier this month by the Financial Crimes Enforcement Network (FinCEN) seeks to reverse a court decision vacating a rule requiring title insurance companies to report details of millions of residential real estate transactions. That nationwide anti-money laundering (AML) rule was overturned March 19 by U.S. District Judge Jeremy Kernodle of the Eastern […]
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