Breaking News about FinCen Reporting that took affect March 1, 2026
Judge orders FinCEN rule to be vacated
Of course, this could change again, depending on the outcome of a likely appeal.
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Howard Hanna Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor
This is interesting. I know most agents in my market are not paying attention to this because the agents aren't directly handling this (attorney's and title company's would have been) with most agents only getting involved if there is a problem. I prefer to pre-frame any issues far in advance- so this was something of interest to me. And of course, I dealt with FinCEN in my prior career in finance.
Mar 20, 2026 07:13 AM
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Pete Xavier
Pacific Palisades, CA
Title Professionals Corp. - Fort Lauderdale, FL
Title guy with a broker license
Hi Adam,
I agree that most agents are leaving it up to the closing agents. However, in certain markets, real estate brokers should be making their agents aware things that could affect their buyer clients (depending on the final outcome of the expected appeal).
Mar 20, 2026 08:01 AM
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Pete Xavier
Pacific Palisades, CA
Yep. FinCEN changes had a huge impact on my market back in 2016 ($3m and up requirements for cash purchases). I wasn't anticipating this rule to have anywhere near the impact of the 2016 rule changes, it would still have some impact even though agents had a minimal role with the attorney's and title people handling the actual work involved. That said- my market is complicated enough- so I am happy to see this get quashed.
Mar 22, 2026 08:25 AM
Denver, CO
Enjoying Every Day to Its Fullest!
Our title companies were handling this in Colorado too, so interesting it was vacated.
Mar 20, 2026 11:01 AM
Rainmaker
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David M. Dwares
Title guy with a broker license
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