A lawsuit was filed by the Mortgage Bankers Association against the Department of Labor, a news release said. The trade group claims that last year’s administrator’s opinion reversed a 2006 opinion letter from the department to MBA which concluded that typical loan officers were exempt from Fair Labor Standards Act requirements for overtime payments. MBA [...]
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Government Sued Over LO OT Ruling
January 12th, 2011 
davidguide 
Posted in Business Loans 
Tags: Association, group claims, labor, letter, mortgage bankers association, news, overtime payments, rulemaking procedure, Sued, Trade, typical loan 
Comments OffSurprise! Factory jobs are coming back
September 27th, 2010 davidguide As the labor market continues to struggle, one surprising bright spot stands out amid the list of battered industries — factory jobs. View full post on Business Stories
