New York 9/29/2010 9:11:51 PM
News / Internet

Mortgage Underwriters Who Were Denied Overtime Pay May Be Able to Participate in an Unpaid Overtime Lawsuit

The overtime attorneys working with IQOvertime.com are available to review unpaid overtime claims from mortgage underwriters who regularly work more than 40 hours a week and have been denied overtime pay. Mortgage underwriters who do not meet one of the federal overtime exemptions, which are typically reserved for administrative, professional or executive employees, are typically entitled to receive 1.5 times their regular rate of pay for every hour worked in excess of 40 during a single workweek. If you have been denied overtime pay as a mortgage underwriter, visit http://www.iqovertime.com/mortgage-underwriters-unpaid-overtime--41203.html to learn your legal rights. 

Overtime violations can affect workers in any industry, and mortgage underwriters are not immune from these illegal wage and hour practices. In fact, a mortgage underwriter with Flagstar Bancorp Inc. recently launched a proposed class action accusing the company of shorting her and other workers on overtime pay. According to the unpaid overtime case, the savings and loan company allegedly misclassified its mortgage underwriters as exempt from the provisions of the Fair Labor Standards Act. Furthermore, the complaint alleged that the company knew its mortgage underwriters were working long hours during the week and still encouraged them to work on Saturdays. 

Mortgage underwriters who are working more than 40 hours a week without overtime pay may be entitled to participate in a lawsuit to collect up to three years of back overtime wages. If you have been denied overtime pay as a loan underwriter, visit http://www.iqovertime.com to receive a free case evaluation. The overtime lawyers working with IQOvertime.com are offering this case review at no cost and are dedicated to protecting the rights of mortgage underwriters and other employees who have been wrongfully denied overtime pay.   

About IQ Overtime

IQOvertime.com was established to provide information for workers who have been denied overtime compensation. Comprehensive resources for workers are available on this site, including informational articles, an overtime calculator, answers to frequently asked questions, and an overview of state overtime laws. If you have been denied overtime pay, get the legal help you need today. Visit http://www.iqovertime.com and complete the Free Case Evaluation form to have your claim reviewed at no cost.