The U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) has implemented a nationwide reporting rule that extends beyond traditional residential closings and may also apply to certain commercial development deals involving entity buyers, vacant land, or alternative financing structures. Developers—even those operating outside of the residential market—should be aware of the Rule and understand
Andrew Mathews
Andy Mathews practices in Stoel Rives’ Real Estate group. He has a multidisciplinary background in litigation and risk management, regulatory/licensing compliance, and real estate transactions that he leverages in advising real estate clients on myriad brokerage-related matters.
Before joining Stoel Rives, Andy was General Counsel of John L. Scott Real Estate in Bellevue, one of the largest residential brokerage firms in the country. Prior to that, Andy was in-house counsel for seven years at American Management Services, LLC, a Seattle-based national property management company, including serving as General Counsel.
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Major Regulatory Changes Coming to Oregon’s Real Estate Industry in 2026
Oregon’s real estate professionals are on the cusp of a sweeping regulatory overhaul. House Bill 3137, signed into law in June 2025 and taking effect January 1, 2026, introduces significant new responsibilities for brokers, tighter oversight of teams, and expanded education requirements—all aimed at enhancing accountability across the industry.
With final rules now in place…