In a victory for the Mortgage Bankers Association , a federal Court of Appeals has vacated an "Administrator's Interpretation" issued in 2010 by the U.S. Department of Labor Wage and Hour Division regarding the non-exempt status of mortgage loan officers.
http://www.jdsupra.com/legalnews/appeals-court-strikes-down-labor-departm-54378/
http://www.jdsupra.com/legalnews/appeals-court-strikes-down-labor-departm-54378/
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