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DOL Blasts Bankers' Precedent In Loan Officer OT Row

By Abigail Rubenstein (February 20, 2013, 10:28 PM EST) -- The U.S. Department of Labor on Friday pressed the D.C. Circuit to affirm a ruling upholding the agency's reclassification of mortgage loan officers as eligible for overtime pay, saying the precedent that the industry group challenging the change is citing for support should be overturned.  ...

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