How to Comply with FinCEN Without Break Your Operations (or Budget)

"When the new Residential Real Estate Rule (RRE) from FinCEN (Financial Crimes Enforcement Network) takes effect on March 1st, 2026, compliance will become a constant file-by-file obligation for title and escrow teams. The rule sharply expands reporting requirements, backs strict deadlines with penalties and heightens responsibility for safeguarding sensitive information. This new regulatory mandate will expose a sharp divide between firms powered by modern, operational rigor and those still relying on manual workarounds, siloed technology tools and legacy systems."

"The firms that navigate the new landscape bestwith the least impact to operations and marginswill embed compliance directly into core workflows. Rather than layering on compliance tools that increase complexity and cost, they will align people, processes and technology within secure, integrated systems, such as Qualia, that they already use to run their business. The firms that meet it head-onby tightening execution and reducing manual work and risk through technology built directly into existing operationswill absorb the change without disrupting their business."

FinCEN's Residential Real Estate Rule becomes effective March 1, 2026, creating a constant file-by-file AML reporting obligation for title and escrow teams. The rule expands reporting requirements, enforces strict deadlines with penalties, and increases responsibility for protecting sensitive information. The rule targets non-financed residential transactions involving legal entities or trusts and can apply when financing comes from lenders not subject to AML/CFT or SAR requirements. The mandate will separate firms with modern, integrated operations from those relying on manual workarounds and legacy systems. Firms that embed compliance into core workflows and align people, processes, and technology will reduce manual risk and absorb the change with less disruption.

Read at www.housingwire.com