Employment discrimination suit aimed at NAR includes allegations of sexual harassment

The National Association of Realtors (NAR) cannot escape allegations of sexual harassment and discrimination.In a lawsuit filed on Monday in a U.S. District Court in Illinois, former NAR employee Roshani Sheth claims that she was wrongly terminated from her role at the trade organization, and that e
Read MoreServices provider Adfitech rebrands as Mortgage Connect Risk Solutions

Oklahoma-based Adfitech, a mortgage industry partner for quality control and risk management services, has changed its name to Mortgage Connect Risk Solutions. The move reflects the company’s 2022 acquisition by Pennsylvania-headquartered Mortgage Connect LP.Mortgage Connect, a nationwide services p
Read MoreMBA to HUD: Publish notices about challenges with real estate inspection protocols

The Mortgage Bankers Association (MBA) on Tuesday announced its submission of a letter to the U.S. Department of Housing and Urban Development (HUD), which urges the department to avoid reprimanding mortgage servicers for compliance lapses with the new National Standards for the Physical Inspection
Read MoreFHA seeks mortgage defect taxonomy changes for cases of TPO fraud, misrepresentation

The Federal Housing Administration (FHA) this week announced a proposed Mortgagee Letter (ML) that would add fraud and misrepresentation to its defect taxonomy list for Title II FHA-sponsored mortgage financing.The defect taxonomy includes a list of attributes that FHA can use to identify potential
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