Well… that escalated quickly.
A federal judge just wiped out the FinCEN Real Estate Reporting Rule.
Not paused.
Not delayed.
Vacated.
👉 No reporting requirement (for now)
👉 No filing obligations (for now)
👉 No transition period
And the reasoning?
FinCEN doesn't get to call every cash deal "suspicious" just because some of them are.
Yeah… that part matters.
But before you celebrate-this isn't over. Not even close.
I broke down:
• What the court actually said (with quotes)
• Whether this applies nationwide (spoiler: yes)
• Whether you should stop filing (spoiler: also yes… for now)
• Why one court killed the rule while another upheld it
• And what happens next
🐐 Wicked Translation included.
Read it here: https://archive.wickedtitleforum.com/p/breaking-federal-court-just-blew
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Stay Wicked my Friends,
Cheryl Evans
Executive Director: Wicked Title Forum
Publication & Online Knowledge Base for the Title Industry
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