News & Analysis as of September 23, 2024

Misclassification › Loan Officer

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Federal Court Finds No Willful Violation for Misclassification of Mortgage Loan Officers

Ballard Spahr LLP on 9/15/2014

A federal court in Oklahoma delivered another blow to claims by mortgage loan officers that they are entitled to overtime under the Fair Labor Standards Act (FLSA). In Chapman v. BOK Financial Corporation, the court...more

U.S. Supreme Court Grants Review of Restrictions on Federal Agency Rulemaking in Mortgage Loan Officer Overtime Case

Buchalter on 7/24/2014

In our July 2013 alert, we reported on a federal appellate court ruling in Mortgage Bankers Association v. Harris. Mortgage Bankers Association challenged a U.S. Department of Labor (DOL) 2010 opinion letter in support of...more

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Misclassification › Loan Officer

Federal Court Finds No Willful Violation for Misclassification of Mortgage Loan Officers

U.S. Supreme Court Grants Review of Restrictions on Federal Agency Rulemaking in Mortgage Loan Officer Overtime Case

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