Mortgage Lenders Of America Hit With FLSA Suit

Law360, New York (August 21, 2009, 1:55 PM EDT) -- Two loan originators have accused Mortgage Lenders of America LLC of bilking them out of overtime pay, in one of several similar putative collective actions filed by a Missouri plaintiffs lawyer accusing lenders of violating employment laws.

Mortgage Lenders employee Chad Carson and former employee Aaron Berding sued the lender Thursday in the U.S. District Court for the District of Kansas.

The complaint accuses Mortgage Lenders of violating the Fair Labor Standards Act by not paying loan originators, who sell loans over the phone, for hours...
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