Auditor's Corner

UNDERWRITING ALERT: FINCEN FORM NEWS

Effective April 15th of this year, title insurance underwriters and their agents are responsible for adhering to the updated FinCEN Target Order requirements. The Transaction Report for a qualifying file must be reported within 30 days of closing.

To assist Old Republic Title Virginia agents, we have created an interactive FinCEN Guide with a checklist. This guide is housed in StarsLink.

For additional information, please refer to the email sent by our office on April 15th with the subject line: "FinCEN Geographic Targeting Order."

Please contact underwriting counsels at VAUnderwriting@oldrepublictitle.com for specific questions regarding Underwriting Alerts.