Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
FinCEN renews GTOs
FinCEN yesterday announced the renewal of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in all-cash purchases of residential real estate. The GTOs are identical to those issued in November 2020. The purchase amount threshold remains $300,000 for each covered metropolitan area. The terms of this Order are effective beginning May 5, 2021 and ending October 31, 2021.
- FinCEN Geographic Targeting Order, April 29, 2021