Another Patriot Game

As if buying a home isn’t stressful enough:

With the passage of the USA Patriot Act of 2001, which required that financial institutions create anti-money-laundering compliance programs, anyone purchasing property must be checked against a list of names of known and suspected terrorists. The list has been around since before the September 11 attacks, but increasingly the ritual closing ceremony has involved writing yet another check to the title company that runs the homebuyer?s name against that list.

In some areas, buyers are getting dinged up to $30 per person involved in the transaction.

What are the odds that someone on the Department of Homeland Security’s terrorist watch list is going to do business in the U.S. without a false identity?

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