Mortgage Lenders of America Faces Overtime Wages Lawsuit

Mortgage Lenders of America Faces Overtime Wages Lawsuit

Overtime Wages Lawsuit Filed on Behalf of Mortgage Lenders of America Team Leads, Team Leaders, Loan Officers, Mortgage Loan Officers, and Entry Level Loan Officers

A Fair Labor Standards Act collective and Rule 23 class action lawsuit was filed on February 5, 2018 in United States District Court, District of Kansas, Kansas City Division, against Kansas-based Mortgage Lenders of America, L.L.C. for allegedly misclassifying workers, failing to pay minimum wage for hours worked, and failing to pay overtime for all hours worked over 40 per week.

The lawsuit’s Team Lead collective class consists of Mortgage Lenders of America Team Leads, Team Leaders, and others with similar job titles, in the United States within the past three years who were misclassified as exempt employees and denied overtime compensation for hours worked beyond 40 per work week.

The lawsuit’s Loan Officer collective class consists of Mortgage Lenders of America Loan Officers, Mortgage Loan Officers, Entry Level Loan Officers, and others with similar job titles who originated loan products, in the United States at any time during the last three years who were classified as non-exempt, hourly employees who worked more than 40 hours per week without payment for all minimum wage and/or overtime compensation.

The members of the lawsuit’s Loan Officer Rule 23 class consists of individuals employed by Mortgage Lenders of America as Loan Officers, Mortgage Loan Officers, Entry Level Loan Officers, and other mortgage origination employees with similar job titles within the past three years in the State of Kansas who were denied minimum wage and/or overtime compensation.

According to the complaint:

[Mortgage Lenders of America’s] policy and practice is to deny earned wages including minimum wage and/or overtime pay to its Loan Officers. In particular, [Mortgage Lenders of America] requires these employees to perform work in excess of forty (40) hours per week but fails to pay them minimum wages and/or overtime for all hours worked.

[Mortgage Lenders of America’s] deliberate illegal treatment of its Team Leads and Loan Officers, which denies them minimum wage and/or overtime compensation results in MLOA willfully violating the [Fair Labor Standards Act].

Mortgage Lenders of America Loan Officers and Team Leaders

If you served as a Team Lead, Team Leader, Loan Officer, Mortgage Loan Officer, Entry Level Loan Officer, or held a similar position, and feel you were improperly denied overtime as required by federal and state wage laws, please contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], complete the form above on the right or e-mail [email protected], to discuss your potential legal rights or claims.

Kehoe Law Firm, P.C.