A federal judge in Texas has vacated the Financial Crimes Enforcement Network’s (FinCEN) nationwide anti-money laundering (AML) rule — creating a legal vacuum and uncertainty among title and real estate professionals. While the ruling eliminates a significant compliance burden that industry groups had criticized, legal observers warn that FinCEN retains broad authority over real estate…
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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
“As discussed above, Zillow has the tools to stop; it is simply choosing not to,” CoStar says in amended complaint over alleged copyright infringement.
Efforts to loosen building regulations have gained steam, but housing supply is still falling short thanks in part to challenges related to financing.