February 23, 2024
In This Issue:
- Early Voting for Primary Election Started Tuesday - Know Who Represents You
- Judge Extends Deadline for Consumers to File Proofs of Claim Against MV Realty
- ICYMI: FinCEN News
Early Voting for Primary Election Started Tuesday - Know Who Represents You
TLTA | Feb. 22, 2024
Most elections in Texas are decided during the primaries. It is crucial that our industry get out the vote for the elected officials who share our values, support our industry, and serve as good stewards of Texas' real estate marketplace.
Early voting for the primary election started this Tuesday, Feb. 20 and continues through March 1. Please make your plan to vote today, and encourage your network to do the same.
Who Represents Me
Identify your local officials using this
search tool from Texas Legislative Reference Library.
Where to Vote and Other Needs to Know Info
Find polling location and more using these
resources from TX Secretary of State's office.
Primary Election Dates to Note on Your Calendar
Feb. 20 to March 1 - Early Voting
Feb. 23 - Last day to apply to vote by mail
March 5 - Election Day
Judge Extends Deadline for Consumers to File Proofs of Claim Against MV Realty
ALTA | Feb. 20, 2024
A judge for the United States Bankruptcy Court for the Southern District of Florida extended the deadline for consumers to file proofs of claim against MV Realty.
On Feb. 3, Judge Erik P. Kimball extended the deadline for consumers who signed MV Realty’s Homeowner Benefit Agreements to file proofs of claims until April 1, 2024.
Title agents and attorneys may have clients who should file a claim.
Read more from ALTA »
ICYMI: FinCEN News
FinCEN Issues Fact Sheet on Proposed New Reporting Requirements for Title Agents; Comments Due April 16
The notice of proposed rulemaking announced by FinCEN Feb. 7 is the first step in FinCEN's process of adoption of new rules and will be followed by a sixty-day comment period. TLTA is monitoring this significant regulatory proposal, will submit comments to FinCEN on behalf of the Texas title insurance industry, and will keep you apprised as this proposal moves closer to implementation. Comments are due April 16.
Review FinCEN's rule proposal »
Review FinCEN's fact sheet »
Review FinCEN's full press release »
TLTA members: What should you know?
FinCEN is proposing reporting and compliance requirements that would have a significant impact on you and your business when handling cash transactions.
Review TLTA's initial analysis at this early stage of FinCEN's proposal process.
Alert Regarding Corporate Transparency Act (CTA) Scam
ALTA shared the following heads up in a
post last week about ALTA's BOI webinar:
FinCEN has been notified of recent fraudulent attempts to solicit information from individuals and entities who may be subject to reporting requirements under the Corporate Transparency Act. The fraudulent correspondence may be titled "Important Compliance Notice" and asks the recipient to click on a URL or to scan a QR code. Those emails or letters are fraudulent. FinCEN does not send unsolicited requests. FinCen says to not respond to these fraudulent messages, or click on any links or scan any QR codes within them.