South Dakota Online Payday Loan

The Supreme Court Decides The DOL’s Interpretation Regarding Pay for Mortgage Loan Officers

The Supreme Court Decides The DOL’s Interpretation Regarding Pay for Mortgage Loan Officers This informative article first starred in the July 2015 problem of the Minnesota Bankers Association’s month-to-month publication. The U.S. Supreme Court has determined that the Department that is federal of (DOL’s) March 24, 2010, Administrator’s Interpretation that home mortgage officers typically must certanly be compensated as nonexempt employees underneath the federal Fair work guidelines Act (FLSA) is enforceable. (Perez v. Mortgage Bankers Ass’n). Which means that, unless an exclusion is applicable, home loan (as well as other) loan officers must, like all nonexempt employees, keep an occasion...

متابعة القراءاة →