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
ConstructionSkillsMap.org, a new nationwide tool funded by the National Housing Endowment, makes it easier to find skilled trades training opportunities in communities across the country.
The newly released 2025 National Green Building Standard (NGBS) provides many options for building more sustainably. NGBS Green Certification provides independent, third-party verification for a home, building, or land development. For those who wish to provide even more value for their clients, NGBS Green+ certifications recognize NGBS Green homes that go “above and beyond” in one or more areas of sustainability. Here are the seven certification options.
Latest Economic News
Existing home sales continued to slow in July as record-high home prices and elevated mortgage rates weighed on buyers. Mortgage rates resumed an upward trend after the ceasefire ended in early July.
Demand for all types of residential mortgages was weaker, while lending standards for most were essentially unchanged in the second quarter of 2026, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS).
Wage growth for residential building workers continued to lose momentum in the second quarter of 2026, reflecting softer housing construction activity and weaker labor demand. According to the latest data from the U.S. Bureau of Labor Statistics, both nominal and inflation-adjusted wages have weakened further, extending the cooling trend that emerged after the strong wage gains of the post-pandemic period.