Treasury cracks the whip on money laundering
The U.S. government is laser-focused on finding bad actors hiding behind shell companies to engage in money laundering.| HousingWire
Closinglock CEO Andy White spoke about the tool’s potential to streamline title insurance workflows and versatility across lender systems.| HousingWire
The U.S. government is laser-focused on finding bad actors hiding behind shell companies to engage in money laundering.| HousingWire
Fidelity National Financial argues that FinCEN is overstepping its legal authority and that the new rule unjustly burdens title firms.| HousingWire
Fidelity argues that implementing FinCEN’s 'arbitrary and capricious' anti-money laundering rule would cause it ‘irreparable harm.’| HousingWire
The orders require title firms to identify the true owners behind shell companies involved in non-financed residential property purchases.| HousingWire
