RRE Report provides compliance software for title agents, escrow companies, settlement professionals, real estate attorneys, and law firms to evaluate residential real‑estate transactions, generate required documentation, and file FinCEN Real Estate Reports under the Residential Real Estate Reporting Rule. The platform offers an evaluation module that issues a $10,000 guarantee certificate for non‑reportable determinations, ensuring defensible decisions and audit‑ready records.
Funding
Funding not disclosed
Founders
Product
Problem
Title agents, escrow companies, settlement professionals, real‑estate attorneys, and law firms must assess residential real‑estate transactions for FinCEN’s Residential Real Estate Reporting Rule, a complex anti‑money‑laundering requirement that carries audit risk and documentation burdens.
Solution
RRE Report provides a guided compliance platform that walks users through the entire evaluation process, from data collection to determination of reportability. The system automates the required questionnaire, generates the necessary FinCEN Real Estate Report for reportable transactions, and issues a $10,000 guarantee certificate for each non‑reportable determination when the entered information is complete and accurate. All records are stored in an audit‑ready format, enabling firms to demonstrate defensible decisions if FinCEN inquiries arise. The platform consolidates evaluation, documentation, filing, and retention in a single interface, reducing manual effort and minimizing the risk of non‑compliance.
Target Audience
Primary users are title agents, escrow companies, settlement professionals, real‑estate attorneys, and law firms that handle residential property transfers and must comply with the FinCEN Residential Real Estate Reporting Rule.
Features
- Guided questionnaire that captures all required transaction data for RRE Rule assessment
- Automated determination engine that classifies transactions as reportable or non‑reportable
- Generation of FinCEN Real Estate Report filings for reportable cases, ready for submission via FinCEN’s BSA E‑Filing System
- $10,000 guarantee certificate issued for each non‑reportable determination, providing audit‑ready support
- Centralized repository for all compliance documentation, with secure storage and easy retrieval
- Integrated data collection tools to streamline information gathering from multiple sources