Federal District Judge Wrongly Strikes Down Safeguard Against Money Laundering Through U.S. Residential Real Estate
"In striking down this rule, the district court in Texas has just sided with cartels, money launderers, and U.S. adversaries and given them free license to continue moving their dirty cash through U.S. real estate," said Ian Gary, executive director of the FACT Coalition. "Two other federal courts have recently upheld the rule as lawful and constitutional. We therefore expect the government to swiftly appeal this outlier decision and the appellate court to overturn it."
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Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
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 to collect and report detailed information about non-financed residential real estate sales to legal entities, including trusts, and shell companies; it did not include sales to individuals. The rule was put into effect as a tool for combating money laundering.
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SoftPro Expands FinCEN RRER Solutions with e-Filing in SoftPro 360
In response to the Financial Crimes Enforcement Network's (FinCEN) new Residential Real Estate Rule, SoftPro has expanded our previously-released integrated software solutions to now include direct e-Filing to FinCEN. SoftPro's FinCEN solutions encompass all compliance requirements on behalf of title professionals from data collection to e-Filing.
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U.S. title insurance sector's operating margin improved to 11.4% in 2025
The U.S. title insurance sector's operating margin improved to 11.4% in 2025, up from 10.3% in 2024, according to a new Fitch Ratings report. New report analyzes this performance shift and examines whether sector performance could further improve in 2026 if commercial activity remains strong and residential volumes recover.
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Markets' hopes for Fed interest rate cuts are rapidly fading away
As both energy prices and inflation fears pop, expectations for Federal Reserve interest rate cuts are sliding. Traders in recent days have abandoned hopes of an early summer easing from the central bank, a change in thinking that coincided with the U.S.-Israel attacks on Iran and a burst in oil prices to around $100 a barrel.
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