FinCEN Says Companies Do Not Have to File Beneficial Ownership Reports – For Now
The Financial Crimes Enforcement Network (FinCEN), which oversees the implementation of the Corporate Transparency Act (CTA), issued a statement today that says:
“In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports.”
Latest from NAHBNow
Economics | Material Costs
Aug 26, 2026
Smaller Builders Report Higher Material Costs
Building material costs increased by 6.7% over the past 12 months, according to results from the survey for the July 2026 NAHB/Wells Fargo Housing Market Index (HMI).
Membership
Aug 25, 2026
NAHB Mourns the Passing of Past President Shirley McVay Wiseman
Shirley McVay Wiseman, 1989 NAHB president, passed away on Sunday, Aug. 23. A pioneer in the home building industry, Wiseman was the first woman elected president of NAHB.
Latest Economic News
Economics
Aug 26, 2026
PCE Inflation Remains Sticky
The latest report shows the Federal Reserve’s preferred inflation gauge remains sticky in July, complicating the Fed’s path to its long-term 2% target. Meanwhile, consumer spending remains resilient but is showing signs of slowing, with real consumer spending unchanged in July. Households are pulling back on spending amid persistent inflation.
Economics
Aug 26, 2026
Multifamily Missing Middle Falls Back
Multifamily missing middle construction declined during the second quarter of 2026.
Economics
Aug 25, 2026
Economic Uncertainty, Affordability Challenges Weigh on New Home Sales
Elevated borrowing costs, rising inflation and broad economic uncertainty continue to curb buyer demand and hold back new home sales.