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Home » Store » News » Industry Group Files Lawsuit to Restore Loan Officer Exemption From Overtime Pay Rules

Industry Group Files Lawsuit to Restore Loan Officer Exemption From Overtime Pay Rules

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The Mortgage Bankers Association filed a lawsuit this week to block – or at least delay – a new U.S. Department of Labor ruling that loan officers will no longer be exempt from overtime compensation requirements. The MBA asked the U.S. District Court for the District of Columbia to invalidate...
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