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FinCEN delays implementation of anti-money laundering rule

Title insurance firms gearing up for the implementation of the Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule can slow their efforts. On Tuesday, FinCEN announced that it was postponing the implementation of the policy from Dec. 1, 2025, to March 1, 2026. The rule requires title firms to […]

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CFPB ends multiple lender consent orders, opens few new cases

Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has been winding down enforcement actions against lenders and servicers while opening only two new cases. On Sept. 18, the Bureau terminated consent orders against Washington Federal Bank, Planet Home Lending, Apple Inc. and U.S. Bank National Association. The cases spanned mortgage rules, credit cards

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Giorgio Bertuol named president of sales at West Capital Lending

West Capital Lending on Tuesday announced that Giorgio Bertuol is taking on the role of president of sales. Bertoul comes from loanDepot, where he served as the executive vice president of sales since September 2011, per his LinkedIn. loanDepot has been shaking up its leadership since its founder, Anthony Hsieh, returned to the helm. In

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