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Labor & Employment Law
: Ross' Employment Law BlogDOL: Mortgage loan officers not FLSA exempt
The Department of Labor has reversed itself, and now says that employees who perform the typical job duties of a mortgage loan officer do not qualify as bona fide administrative employees exempt under section 13(a)(1) of the Fair Labor Standards Act, 29 USC § 213(a)(1).
Previous opinion letters (September 8, 2006 and February 16, 2001) had found such employees to be exempt administrative employees.
[Administrator's Interpretation]
Full post as published by Ross' Employment Law Blog on March 30, 2010 (boomark / email).
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