The Legal Description

The @FinCENnews continues to fight in court for its suspended Residential Real Estate Reporting Rule, but industry organizations have filed briefs attacking the rule’s scope and regulatory burdens. bit.ly/4BI2uZR #fincen

The concept of expanded title insurance waivers, as outlined in a recent executive order, is under scrutiny. Industry attorneys spoke with The Legal Description about the balance between cost savings and consumer risks under the order. bit.ly/3UbM2QX

Crypto kiosk operator shut down, fined $2.5M for AML violations - A Seattle-based cryptocurrency money transmitter has agreed to a settlement with multiple regulatory agencies over anti-money laundering violations and will cease kiosk operations. bit.ly/3UBkXXg

NAIC report: Cyber insurance premiums have nearly tripled since 2020 - Cybersecurity insurance continues to see substantial growth and rising claim rates, according to a new report by the National Association of Insurance Commissioners. bit.ly/4sGZaKy

FTC details ongoing efforts to combat fraud, impersonation scams - From shutting down imposters to enforcing the law against large-scale fraudsters, the Federal Trade Commission highlighted its anti-scam activities in a recent announcement. bit.ly/4iWbpiU

ALTA, TLTA amicus briefs make case against FinCEN rule - The Financial Crimes Enforcement Network continues to defend its suspended Residential Real Estate Reporting Rule in court while industry organizations attack the rule’s scope and regulatory burdens. bit.ly/4sBz3EK

She already had the rights. In 1837, Betsy Love's case challenged the idea that marriage meant surrendering control of personal property. Discover how Chickasaw customs and a Mississippi court helped shape legal history. Read #TuesdaysWithMary: bit.ly/4imWvSJ

Colorado regulators recover $15.8M for residents through complaint resolution - The Colorado Division of Insurance recovered $15.8 million for residents in the 2025-2026 fiscal year, including $9.9 million from property and casualty insurance complaints. bit.ly/48wlFsg

Doubts, questions linger around Trump’s housing executive order - Industry attorneys spoke with The Legal Description about the balance between cost savings and consumer risks under President Trump's recent executive order on housing. bit.ly/4f8HvWm

⚖️🎃 Witching you a fright-free Halloween! 🧙‍♀️🎃 May your contracts be clean, your closings be smooth, and your title searches reveal absolutely ZERO skeletons in the closet! 💀🏡🕸️ #Halloween #happyhalloween

Crypto to cash: how does it actually work? 💸 Step one is KYC. Step two is wallet verification. Hear the full breakdown on Keys to Real Estate. 🎧 bit.ly/4wLAukF

Title insurance providers sought a court order clearing them of obligation when their clients lost more than $1 million in a seller impersonation scam. bit.ly/3UWKb2y

A new directive for the Justice Department’s fraud division emphasizes close cooperation with U.S. attorneys while avoiding disruption to legitimate business operations. bit.ly/3W0g0YJ

Treasury sanctions foreign law firm over alleged Iran connections - Sanctions against Iran and its allies continue to expand, with the U.S. Treasury Department now targeting a law firm for allegedly supporting Iran’s illicit shipping and other activities. bit.ly/4zYvafs

Florida regulators suspend home warranty company for operating without license - A New York home warranty company was issued a cease-and-desist order by the Florida Office of Insurance Regulation for unlawfully selling contracts to homeowners in the state. bit.ly/4e9c6mu

Deadline approaching for California counties to establish deed notification systems - All 58 of California’s counties are being directed to establish official property record notification programs to battle deed fraud by Jan. 1, 2027. bit.ly/4A3wzSc

Justice Department issues new directive for fraud division - A new directive for the Justice Department’s fraud division emphasizes close cooperation with U.S. attorneys while not overstepping legitimate business operations. bit.ly/4sshtCY

Florida police officer charged in scheme to seize deceased man’s home - A Lauderhill, Fla., police officer faces felony charges for allegedly exploiting a man’s death to illegally claim his home after he was sent to the home on a welfare check. bit.ly/4ByT2I8

Costly seller impersonation fraud leads to legal battle between buyers, title agents - Title insurance providers sought a court order clearing them of obligation when their clients lost more than $1 million in a seller impersonation scam. bit.ly/4ziqZvf

Policyholders accused their title insurance provider of bad faith denial of coverage and violation of Ohio Insurance Law after encountering deed defects and having their claims denied. bit.ly/4kkRj33