CLE Presentations

Monday, May 19th, 10:30am & 11:45am

 

FinCEN by the Sea: Navigating the Waters of the New FinCEN Reporting Rule for Residential Real Estate Transfers
This panel will explore recent regulatory actions taken by the Financial Crimes Enforcement Network (FinCEN) to combat money laundering in residential real estate transactions. The new rule specifically targets non-financed transfers of residential real estate to a legal entity or trust and requires certain industry professionals to report information on the transfer to FinCEN. Panelists will discuss the scope and impact of the regulations including the new reporting requirements and exemptions from reporting. Panelists will also discuss how the rule affects real estate attorneys and potential challenges for compliance.

Moderator
Wendy S. Gibbons, Old Republic Title Insurance Company, Oak Island, NC

Panelists

  • Brian Danis, First American Title Insurance Company, Santa Ana, CA
  • Jack Harrington, Bradley Arant Boult Cummings LLP, Birmingham, AL
  • Robert R. Maddox, Bradley Arant Boult Cummings LLP, Birmingham, AL

 

I See Fire and I See Rain: Insurance Issues Affecting Lenders & Property Transactions in the Wake of Natural Disasters
From California and Canadian wildfires, to floods and hurricanes, natural disasters in highly populated areas of North America have taken a toll on a number of communities and their residents. Insurers are adjusting product offerings, and premiums to account for increased risks and have pulled out of some markets. Some states have responded with legislative intervention. The panel will lead an interactive discussion on the impacts of natural disasters on insurance and on lending and recovery in markets exposed to weather, environmental and longer term climate risks and the response to those challenges.

Moderator
Joyce L. Elden, FM, Waltham, MA

Panelists