04/16/2025
FinCEN update - Renews Residential Real Estate Geographic Targeting Orders -
Today (April 15, 2025) the FinCEN announced it has renewed its GTO (Geographic Targeting Orders) that require US title insurance companies to identify the natural persons behind shell companies used in non-financed purchases of residential real estate. The GTO is effective April 15 until October 9, 2025. The renewed GTO's cover certain counties and major US metro areas in California, Colorado, Connecticut, Florida,, Hawaii, Illinois, Maryland, Massachusetts, Nevada, New York, Texas, Washington, Virginia and DC. For more information look below -
WASHINGTON—Today, the Financial Crimes Enforcement Network (FinCEN) announced the renewal of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in non-financed purchases of residential real estate.