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Administrative Exemption Mortgage Loan Originators

Seyfarth Shaw LLP

Making A Mountain Of The Administrative/Production Dichotomy Molehill

Seyfarth Shaw LLP on

Seyfarth Synopsis: Earlier this month, the Ninth Circuit chose to side with the Second Circuit, and not the Sixth Circuit, to opine that mortgage underwriters fail to meet the FLSA’s administrative exemption from overtime...more

Ballard Spahr LLP

D.C. Circuit Sanctions Labor Agency 'Flip-Flop' on Overtime Requirements for Mortgage Loan Officers

Ballard Spahr LLP on

The U.S. Court of Appeals for the District of Columbia Circuit recently vacated a 2010 interpretation of federal wage and hour law in which the Department of Labor (DOL) had concluded that mortgage loan officers do not...more

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