RamQuest is closely monitoring the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN)'s new rule. FinCEN issued its final rule that requires certain people involved in real estate closings and settlements to report information to the agency about all-cash residential transactions nationwide involving legal entities and trusts. This ruling will go into effect starting December 1st, 2025.
For more information about FinCEN's ruling take a look at the following links:
“I’ve been working closely with Ramquest since 2015. I’ve gotten to know several of their staff on a first name basis. Everyone there is always so helpful and super responsive should there be any issues. It’s obvious that they value their clients and our suggestions. I’ve made several suggestions over the years that they have implemented into Ramquest One.”
Necia Leach, Escrow Officer/LPO