A recent New York Times article has uncovered potential issues surrounding the National Association of Realtors (NAR) and its executives. The report highlights lavish perks enjoyed by NAR executives, raising concerns about the trade group’s nonprofit status. This revelation could have significant implications for the organization and its members.
Key points from the article include:
– The New York Times exposed excessive spending on perks such as first-class travel, luxury accommodations, and expensive meals by NAR executives.
– Critics argue that such lavish expenditures may violate the regulations governing nonprofit organizations, potentially jeopardizing NAR’s tax-exempt status.
– The NAR has come under scrutiny from both members and the public, with calls for greater transparency and accountability within the organization.
You can read this full article at: https://www.housingwire.com/articles/nar-scandal-executive-compensation-new-york-times/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.