Posts Tagged “U S Department”

webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt

U.S. Department of Labor says mortgage loan officers are typically non-exemptLexology (registration)As a result, mortgage loan officers are not exempt from the FLSA’s minimum wage and overtime compensation rules under the administrative employee exemption. …

Share and Enjoy:

Read the rest of this great post here

Comments No Comments »

webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
The U.S. Department of Labor’s Wage and Hour Division recently issued an “Administrator’s Interpretation” in which it concluded that employees who perform the “typical duties of a mortgage loan officer” do not qualify as exempt from overtime pay eligibility under the commonly used exemption for “administrative employees.”

Share and Enjoy:

Read the rest of this great post here

Comments No Comments »

webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
Feb. 23–FORT WORTH — A former loan officer at a local mortgage company was sentenced last week to 31/2 years in federal prison and ordered to pay $751,075 in restitution for faking mortgage documents sent to the U.S. Department of Housing and Urban Development.

Share and Enjoy:

Read the rest of this great post here

Comments No Comments »

webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
As the economy rebounds and more veterans think about a new home purchase, many will consider a home loan whose eligibility guidelines are determined by the U.S. Department of Veterans Affairs .

Share and Enjoy:

Read the rest of this great post here

Comments No Comments »

webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
Facing mortgage problems?There is hope for many veterans facing a financial crisis and this news comes straight from the U.S. Department of Veteran Affairs.Quick interventions by loan counselors at the VA have actually reduced the number of veterans defaulting on their home loans. Much of this success is thanks to VA counselors at nine regional loan centers who assist people with VA guaranteed …

Share and Enjoy:

Read the rest of this great post here

Comments No Comments »