JUNE 12, 2025

In This Issue:

  • TDI: Change to title insurance basic premium rates will not go into effect on July 1
  • FinCEN requests comments by July 7 on next steps implementing new residential reporting rule scheduled to go into effect Dec. 1

TDI: Change to title insurance basic premium rates will not go into effect on July 1

TLTA | June 12, 2025

The Texas Department of Insurance today announced that the reduction in title rates ordered earlier this year will not go into effect July 1 under a Travis County District Court injunction.

Read TDI's announcement here.

The history of TDI’s rate review, the subsequent rate reduction order, and TLTA's suit requesting the injunction can be found here.

FinCEN requests comments by July 7 on next steps implementing new residential reporting rule scheduled to go into effect Dec. 1

 U.S. Treasury | June 5, 2025

The U.S. Department of the Treasury, on behalf of the Financial Crimes Enforcement Network (FinCEN), will submit the Real Estate Report (RER) information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995 (PRA), on or after the date of publication of this notice. The details included in the information collection are listed in the notice.

The Residential Real Estate Rule, which will be effective on December 1, 2025, requires select real estate professionals to submit reports and keep records about certain high-risk, non-financed transfers of residential real property to specified legal entities and trusts. This data will support the U.S. Department of the Treasury, law enforcement, and national security agencies in addressing illicit finance vulnerabilities in the U.S. residential real estate sector. It will also help curtail bad actors’ ability to use American residential real estate as a tool to anonymously launder and store illicit funds, which distorts housing prices and threatens U.S. economic and national security.

The public is invited to submit comments on this information collection request on or before July 7, 2025.

Review notice in the federal register »

The following companies have made the All In For Your TLTAPAC Commitment: San Jacinto Title Services of Texas, LLC First Community Title LLC Texas National Title Truly Title, Inc. Republic Title of Texas, Inc. Valley Land Title Co. Freedom Title Platinum Title Partners, LLC Providence Title Company Town Square Title Company, LLC Agents National Title Insurance Company. Click here to learn more: