RamQuest is closely monitoring the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN)'s new rule. FinCEN issued its final rule that requires certain people involved in real estate closings and settlements to report information to the agency about all-cash residential transactions nationwide involving legal entities and trusts. This ruling will go into effect starting December 1st, 2025.
For more information about FinCEN's ruling take a look at the following links:
"West State Title Company has been a user of RamQuest CCE since 2009. It keeps getting better! The integrations with various Underwriter and software platforms allows for seamless transitions for both title and escrow functions saving my staff keystrokes and time. File flow and file tracking are user friendly, keeping my office locations in communication with each other while allowing to provide support to one another and for work to be completed in a variety of locations."
Amy Coats, Manager