July 20, 2022
In This Issue:
- FinCEN Request for Comment Regarding Information Collection Under Existing Bank Secrecy Act Regulations
- FHFA Opens Fintech Office, Issues Request for Information on Mortgage Fintech
- TREC Education Standards Advisory Committee Accepting Applications for Members
- U.S. Treasury Issues Request for Comment on Digital Assets
FinCEN Request for Comment Regarding Information Collection Under Existing Bank Secrecy Act Regulations
U.S. Treasury | July 11, 2022
As part of its continuing efforts to reduce paperwork and respondent burden, FinCEN invites comments on the proposed renewal, without change, of a currently approved information collection found in existing Bank Secrecy Act regulations concerning information sharing between government agencies and financial institutions. Specifically, the regulations require that, upon receiving an information request from FinCEN, a financial institution must search its records to determine whether it maintains or has maintained any account or engaged in any transaction with an individual, entity, or organization named in the request. If a financial institution identifies an account or transaction named in the request, it must report such information to FinCEN in the manner and timeframe specified in the request.
Review FinCEN's Posting in Federal Register »
FHFA Opens Fintech Office, Issues Request for Information on Mortgage Fintech
HousingWire | July 19, 2022
The FHFA this week launched a new Office of Financial Technology, which it said will be the main point of contact for fintech matters.
At the same time, the agency is seeking feedback on how to incorporate technological advancements into the mortgage lifecycle.
Through a request for information, the FHFA said it would like to better understand the “potential innovations throughout the mortgage lifecycle and related processes, risks, and opportunities.”
Read More in HousingWire »
Review FHFA's Request for Information »
TREC Education Standards Advisory Committee Accepting Applications for Members
Texas Real Estate Commission | July 15, 2022
The Texas Real Estate Commission's Education Standards Advisory Committee (ESAC) is accepting applications to fill two education member positions by real estate instructors or owners of real estate schools, accredited by the Commission, that provide qualifying or continuing education. It is also accepting applications to fill four real estate license holder positions. License holders must have been engaged in the practice of real estate for at least five years before the members' appointment and actively engaged in that practice.
Learn More or Apply »
U.S. Treasury Issues Request for Comment on Digital Assets
U.S. Treasury | July 19, 2022
This notice invites interested members of the public to provide input pursuant to
Executive Order 14067 of March 9, 2022, “Ensuring Responsible Development of Digital Assets.” In particular, the Department invites input, data, and recommendations pertaining to the implications of development and adoption of digital assets and changes in financial market and payment infrastructures for United States consumers, investors, businesses, and for equitable economic growth.
Review Treasury's Request for Comment »
Now Available On-Demand
Texas Housing Market Forecast What's Ahead?
Presented by Dr. Jim Gaines of the Texas A&M Real Estate Research Center. Recorded at TLTA's Annual Conference June 13.
1 hour Escrow credit
This overview of national, state and local economic conditions includes historical perspective and some circumspect predictions of what's ahead for Texas' real estate market. Dr. Gaines, a long-time favorite of TLTA conference guests, shares his insights on issues impacting residential real estate and a look at the commercial market.
Register for this on-demand webinar now
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