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High Court Loan Officer Suit May Curb Agency Flip-Flopping

By Ben James (June 16, 2014, 6:34 PM EDT) -- The U.S. Supreme Court's decision to review a D.C. Circuit ruling that nixed the U.S. Department of Labor's 2010 reclassification of mortgage loan officers as overtime-eligible gives the high court the chance to rein in politically motivated flip-flopping by setting ground rules for what federal agencies must do when they want to change their interpretations of the law, lawyers say. ...

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