Employers who continue to classify their mortgage loan officers as exempt from the minimum wage and overtime requirements of the Fair Labor Standards Act now face increased risk of overtime claims or possible enforcement action, warned compliance experts. The Department of Labor caught the industry off guard when it issued new guidance March 24 that completely...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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