View or download a PDF of the letter here.

Americans for Financial Reform partnered with the FACT Coalition and 34 affordable and fair housing advocates to submit this letter in support of FinCEN’s strong draft rules targeting illicit finance in U.S. residential real estate markets, as well as the bureau’s recognition of the wide ranging impacts that real estate money laundering can have on tenants, homebuyers, and the affordability and stability of regional housing markets.