New FinCEN Reporting Requirements — What Buyers & Sellers Should Know Planning to buy or sell a home soon? A new federal reporting rule is coming that may affect certain real estate closings — and Homeland Title Settlement Agency, LLC is already prepared. The Financial Crimes Enforcement Network (FinCEN) has issued a new Anti-Money Laundering (AML) regulation that expands reporting requirements for select real estate transactions, particularly those involving cash purchases or legal entities. Wh

FinCen is the Financial Crimes Enforcement Network, a database operated by the U.S. Department of Treasury that tracks otherwise-private financial transactions to help law enforcement. Public disclosure of FinCen data is a federal crime. | NewsChannel 5 Nashville