Grow with Your Team: FinCEN Anti Money Ruling with Juliana Tu

Description

What is this new “Federal Reporting Requirement Purchase Addendum (FRR-PA)” form now included in the RPA? The background to this Addendum will be the topic that Juliana is covering, and it has to do with FinCEN’s AML ruling. Another acronym for your vocabulary! FinCEN’s AML – Financial Crimes Enforcement Network’s new Ruling on Anti Money Laundering – is aimed straight at the real estate and escrow industry, and soon! 

Many types of residential real estate transactions will be affected, will yours be one? 

Presented by Juliana Tu, President and Escrow Manager of Viva Escrow! Inc. in Arcadia.